I pushed back on this and requested a re-appraisal - I submitted comps showing what other less desirable condos in my area have recently sold for - but the appraiser is sticking to his estimate (of course he's not going to admit he made a mistake).

Neighborhoods like Morningside, East English Village, and Bagley are great examples of areas where properties have appreciated, and there are still a lot of up-and-coming pockets where there’s growth potential.Detroit isn't perfect, of course, and it has its challenges, but I've found it to be a great market to build a rental portfolio that balances cash flow with appreciation.

But of course if something is found they may band together. 

To prepare:Line Up a Cost Segregation Specialist: Reach out to a reputable firm now so they can review your property soon after purchase.Document Pre-Purchase Costs: Any fees or improvements related to acquisition should be organized for easier allocation.Tax Strategy Planning: Consult your CPA to align this with your overall real estate strategy and optimize benefits for 2025.This post does not create a CPA-Client relationship.

Of course!

If you received a variance, once the notice of decision was posted and appeal period ran its course you should have first obtained your zoning permit.

That said, the IRS allows "any reasonable method" of allocation which of course includes FMV.

of course my goal is to structure it as an investment.  

It certainly makes reaching people, building an audience and being able to sell your courses/investments "easy".  

It told me I could, of course, handle these contractors because I PM'd multimillion dollar developments.