In regards to other posters comments on the inclusion of the Income Approach in 2-4 family appraisals. 

sounds like a private note thoughU can do subject too and dont ask permission and if the mortgage and note has an alienation of title clause the lender at their sole discretion can call the note due.. so be prepared to pay it off if that happens.Or you can wrap the note with an all inclusive Deed of trust if those exist in that state.

This isn't inclusive but should give you a good start.

This isn't inclusive but should give you a good start.

So essentially you will be selling the property on a "Wrap" (mortgage state) or an "All Inclusive Trust Deed" (Deed of Trust states) depending on the state you live in. 

No, this price is inclusive of the build and purchase (obviously, could be off by some margin, as usual, but it's a guess).

Would the blighted houses appear invisible and the market value would be increased by the inclusion of a large side yard where the blighted houses once stood?

My PM charges me $150/yr annual admin fee inclusive of up to 10 properties, no renewal fees, no charge for placing tenants when vacant, and they fill vacancies as quickly as possible. 

This isn't inclusive but should give you a good start.

Now the new ones are all inclusive.