@Zack HellmanZestimate - Don't rely on these figures - sometimes it's accurate other times it's way off.

Hi David,We had a great live session in this week's webinar:The Profitable World of Broadway InvestmentsAs an accredited investor, you understand that relying on a single type of asset can expose you to financial losses during market fluctuations.

I’m not interested in being a passive investor and relying on someone else for the sweat equity.

I would not just rely on the internet..

It is so much cleaner to have value based on NOI than relying on an appraisal based on comp. 

If you do go the Ikea route for any furniture, always start on CraigsList or FB Marketplace for used items.If you're renting the space on platforms that don't rely on reviews like Airbnb/VRBO, you could probably keep the furnishings to a relative minimum and help keep your start-up costs down. 

Based upon the tax certificate issued and relied upon at settlement, I would be requesting that the taxing authority abate the liens against the property and pursue the seller directly for the amounts now claimed to be owed.

With this underwriting, it all seems to rely on burning off of loss to lease, vacancy and concessions.  

Without it, you're really relying on other people's perceptions.

If you demolished inside and they see it you cannot get a standard HELOC you will need to go hard money as most lenders are going to tell you that any worker who stepped on the site can lien the property and HELOC's do not use a new full title report, they rely on the title report of the last sale (again like I started with if people DIY record after closing it's a problem).