Secondly, DSCR loans offer favorable terms and lower risks, as they assess the property's ability to generate sufficient income to cover debt obligations.

OP, you just need to get better at assessing the property’s condition during a showing.

There are certain rules in California that allow for that very low assessed value to be transferred to a child, but the rules are pretty restrictive in nature. 

.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.

No taxable event results, and the assessed value of the property remains unchanged.

Also, look at the other coverages on the policy such as Contents, Loss of Rents, Loss Assessment, Liability, Medical Payments, etc.   

But if you mean questions for a GP to actually assess deals:Before I even consider signing up for a call or to be added to someone "investment club" I look up the primary partners in the company.  

Heavy HOA/assessment fees bring down estimated net collections around 20k per year after ALL fees/taxes/insurance/realtor/potential-repairs etc. 

And in fact, it still persists in the comprehensive and community plans I am seeing today; where's the investor's action?

However, if you aim for a higher property value, it hinges on the comparables in your market.I suggest assessing the project's cost and comparing it to the values of similar properties nearby.