Good news is that it will be based on assessed value and not on what you purchase it for.

https://www.bisnow.com/dallas-ft-worth/news/capita...

Increasing the # of units is something i've been curious to know, also.Any news from you friend's attempt?

@Jackson Pontsler Great news on courting the bidding war!

I have barely marketed that I do it, it's mainly word of mouth, referrals, etc but I am very good at it so news spread pretty quickly. 

https://www.kansascity.com/news/local/article174909001.html

@Paul DeSilva great news thanks for sharing.

The only good news about it is that I purchased it for 110k with 20 % down and homes just like it are selling for 125k.So my question is would you sell it and use the down payment to buy another home?

It's not about creating more housing...https://www.prnewswire.com/news-releases/no-on-10-...Make sure to VOTE NO as it just creates more beurecracy and red tape and fees for renting and makes doing business almost impossible for landlords and even single family home owners-- \NO ON 10More info on NO ON 10 http://savecostahawkins.org/

Now the real learning begins - and the good news is you know exactly where to go when you have questions and landlording issues you want to learn about.