The only thing is my property taxes go up with no limit with the increase in property values, 17% the last assessment.

We also spoke with our trusted realtor; we had our realtor assess the home and of course our realtor suggested making some updates and listing it.

Regarding the basement conversion, it's good to assess an increase in market rent, but more importantly, what does ARV look like?

I always assess a properties value independent of the asking price.

If the job is large, pay a small fee to another company for an assessment of another company’s estimate (they will always try to tear it apart).

It's a good rule of thumb to follow mate.We always get caught up on the potential of a deal or business and don't focus on a "worst case" scenario.Experience has taught me to become a "Negative Nancy" first and evaluate the downside from a risk assessment standpoint.I would always get too carried away and am optimistic and easily influenced to believe in the best in people and ventures.Only to get my A$$ handed to me on a plate.Well not anymore... lol

Take the time to assess your readiness, explore your options, and make an informed decision that aligns with your long-term goals.

I know this is pretty obvious, but have you tried checking the Montgomery County property tax records or the property tax assessment records online for Silver Spring?

I'm hoping this framework helps you out as well.1) I assessed impact of garage conversion on the value of the property2) I determined whether it is legal to convert the garage into a living space.3) I assessed the financial viability of the project with available sources of funding.Assessing impact of garage conversion on the value of the propertyBefore I started, I assessed whether the garage conversion would be advantageous for us.

One of our first attempts was to incorporate detailed inspection assessments prior to listing our homes for rent.