Many times a low appraisal is somewhat due to the appraiser's lack of knowledge of the area, but if it takes a very intimate knowledge of your immediate market to justify your price, you're probably going to run into the same problem with the next appraisal.

There are definitely comps in the area, just lack of consistency.I know there is always some level of risk but I'm trying to at least take on a manageable amount and be realistic about the sales price.Any advice for a first timer?

I had to blow up a 1031 due to a lack of deals.  

There must be another reason, and it may be the lenders attempts to get around the tax laws.The treatment of the property would not impact the ability, or lack of ability to foreclose in the event of a default.

Even though it's a 10 minute bus ride, it's an uncomfortable 10 minute bus ride due to the lack of an adequate number of buses during rush hour.  

If I'm honest with myself, the idea of renting back to him comes more from the lack of other ways to make my offer attractive to him.2 - The letter he has says the foreclosure proceedings will start in 2 days - is it already too late?  

The list has structural, lack of utilities, hazardous conditions, vacant and open and uncorrected red tags. 

The bottom line is that I lack the knowledge of how one goes about cutting down on the actual amounts the City wants - no one ever goes into detail about the execution. 

You're right about a lack of multi-families in the area.

I am getting discouraged with the lack of interest in the house so it makes it tough to make the decision to hang on to It longer or to make the argument to my siblings.