Smaller properties and residential income properties are valued using comps.Market value can also be interpreted as the asking price or cost of the asset so that is a relative value since anyone can ask whatever they want for a property. 

@Ali Boone - think the SFR definition of the C/D area is open to some interpretation. 

I had found some similar sites; but like you said it's based on averages, so it's tough to interpret.  

Some people have looked at me as if I am strange or weird, but everybody in appraising and inspecting will tell you that there is a substantial amount of interpretation of the rules, both when it comes to which properties to compare to as well as the valuation of improvements in your property.

If the owner has filed a previous bankruptcy and the bank got a "relief from stay" the 2nd filing may or may not stop the sale depending on the interpretation of the jurisdiction the bankruptcy was filed in or the interpretation of the foreclosing attorney or of the bank, all of whom can declare the sale "invalid" and then they fight it out in court if they disagree.  

The above is my interpretation of the somewhat ambiguous language of the law: "...such property has been owned and used..." 

I understand that in the most strict interpretation of these restrictions no short term rental is permitted.

(No shade just my interpretation)   Nobody in my direct network was leveraging digital marketing/ prospecting to create opportunities.Personally my style has always been, head first, figure it out as I go, and Network with the people I want to model. 

(No shade just my interpretation) Nobody in my direct network was leveraging digital marketing/ prospecting to create opportunities.Personally my style has always been, head first, figure it out as I go, and Network with the people I want to model.

1) ONLY in the Adjusted Basis of Property given up (by interpreting "purchase price & cost" as only portion that is the building) (moving down from approximately $550,000 to $250,000 for just building, in my case), which will also lower the...2) Depreciation Basis of property acquired (that transfer old property into new) by applying the modifiedAdjusted Basis of Property given up (modified to focus just on building "cost").