.- Creditworthiness: German banks assess your financial standing, so keeping accounts in good standing is critical.4.

And from there, you will be knocking doors, sending fliers, cold calling, networking with wholesalers, scouring Craigslist and FB marketplace, all the MAYBE find a deal.  

Nor can they see any construction plans to assess true value.

Have your closing docs out and know what ratio the county assessor applies to land value (ie 300k assessed value, $50k land =1/6). 

HUD does not factor into the rent other amenities that might be included in the rent such as garage, basement, fieplace, central air, pool etc, that might command higher rent in the non-Section 8 market place. 

See who the major RE agents are and call them to assess and look over your property.Why are you trying to take a great investment to make worse investments either look better by paying off their high interest rates or investing into 10X far riskier investments.  

Given that I would pay 3/4 of the property's assessed value I think this could be a great opportunity.

I am trying to assess whether I should take it solo , leave it or scout an experienced partner.

Typically, the adjustments I see on appraisals for basements are more flat rate adjustments. 10k is usually the number I've seen.What stinks is that there are a couple of model types that have below grade space where the builder, I'm sure, was trying to lower the taxes by having it below grade so the county wouldn't count that space in the assessment.

Also, there is a need in the marketplace for a co-living PM company that doesn't charge too high of rate.