The interior was rehabbed in 2023, and me and my partners rehabbed the electrical, plumbing, roofing, and septic (In short, it is in very good rental condition).

Great views, great locations, water features, great cell or internet (big deal), electric/water, upgrade with fruit trees and ponds, huge trees, garbage dumps you can build a different road around, etc.  

Last month, the electricity bill for my 1200 sq ft townhouse (mid-term rental) built in 2002 hit almost $400!

Ask your local planning department.Are there water, sewer, and electricity available?

But it is better to prove your case by comparing your property with other sold properties.Remember, once you improve the value (new roof, windows, siding, electrical, kitchen, bathrooms, etc) then the tax valuation should properly increase.The county adjusts values every three years.Good luckBob

5) Electrical/Plumbing - Bring everything up to code, make it efficient and easy6) HVAC - You most likely don't have existing 'conditioned air' in a basement, so I'd look at mini splits7) Kitchen?

Inspection of plumbing and electrical.

I did a full cosmetic rehab with light electrical and plumbing work and it came out to around 37/sqft.

Person 2: "This place looks ok, maybe paint some walls, change a few fixtures and take care of the electric issue, and this place is great"Person 3: "Wow, this is a full gut..."

Hi All,One big HVAC company says I need surge protectors from electric shock on hvac systems.