Hi, I’m a full-time Real Estate Investor and mainly invest in Frederick and Washington counties.

Welcome to BiggerPockets, Derick! 

I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates. 

If they don't, the document says their consequence is that they will automatically convert to a month-to-month rental on [DATE] with a 25% increase to their rent.

Originally posted by @Zach Harsh:@Bruce Lynn Yea I hear you, I have been a full time investor more or less since about 2015 or so. 

I’m ready to go.

Simple, point out her responsibility for safekeeping of the property.

I have several homes that I’d like to appeal the property taxes for.

I realize it's just an example and my comment is a generalization but just something to be aware of.With regards to the original question, I think it comes down more to what you want to do and what the offer is for walking away vs. rebuilding.That is the exact example a public insurance adjuster used when speaking to a local investor group a few years ago.

I think you'll be hard pressed to get an ARV of $140k IMO...I'd expect something around $115k or lower.