My second house was under contract before it was even listed, but the combination of my GC disappearing and having to restart the permitting process for the carport in March right at the start of Corona lock downs dragged that out and eventually feel out of contract.

However, I’m not sure how to accurately determine its value, given the configuration and the fact that it’s not fully rented.My Concerns:Determining Value: How should I calculate the fair market value for this type of property?

If its luxury then I'd go for a higher quality unit, it will bring more value to your rental.

All the add-ons are a la carte so you can definitely get a lot of value based on what you need.One thing I personally don't like is that when tenants pay rent, they are charged $1 per transaction for ACH use.

I was looking at an attractive rental but it looks like the land value is 75+% of the value, so I would be paying a ton get very little tax benefit. 

That would be your downpayment and or market value the day you buy.  

Hello everyone, I am reviving this thread to gather a few contacts to whom I can bring value.

These two numbers diverge over time as the SEV increases with property value, but the Taxable Value is capped.

If you hold for 2 years then sell, I feel very strongly that you will do well. 

The average home value stands at $562,718, marking a 5.1% year-over-year rise, and homes typically go pending in approximately 30 days.