Quote from @Anthony Sigala: I am seeking a loan on a LTR that has a rent to value of 1.3% with the potential of 2%. 30 year amortization or interest only.

I think it would give it a little bump in value but it all depends on the buyer.

Looking my insurance policy it mentions that I can opt for settlement under Actual Cash Value vs Replacement Cost. 

I just got a notice from the MD department of assessments & taxation that the value of my property will increase from 120k to 261k , spread out over 3 years equally.This is a ridiculous increase of 118%.

My budget is in the $200-250K range.Please feel free to let me know if additional details would help, and thank you in advance for your time and advice! 

We bought a property that we feel is assessed by the our local government too high.

Research school districts, consider value-add opportunities, and partner with local experts to ensure your investment aligns with your goals.

I do feel confident in the value he has delivered to-date and have line of sight on it creating monetary value.

Or you have to take a value add approach to make it worth the hassle. 

@Melissa Odom I recommend connecting with a commercial real estate broker to get a broker price opinion on your current value and after-construction value.