The local Auditor will likely change your value to what you paid and will then look at your building permit history to determine what your assessed value will be in the future.

@Eddie Pietschmann You should obtain lists from the county auditors' website.

So who cares what it's zoned as" that's what I would say to the lender.B- As far as changing the zoning, or asking questions about filing a zoning variance or petition to change info on the auditor site (which is wrong all the time w/ sq ft, lot size, bed bath count etc.)

Also, the county website (auditor's and recorder's offices) are very useful tools.

Even those auditor is asking whether they could survive.

Dales,thats just only from the auditors page, don't trust auditors appraising :).

Make sure it all jives....I think that Charles ought to write a short book, The Auditor's Handbook for Real Estate Investors.

Check County auditor, see if they are current on their taxes.

It turns out that they marked it as as a single family home from the start, never caught it, and when it went through a set of secondary auditors, that's where it was found.

If you do very well, get an auditor to audit your performance.(3) Advertise your results to investors.In step (2), if you don't do well, you probably need to start another incubator fund or look for a different career.