Are there any assessments that have been approved or are being considered?

In fact, my insurance sent out their own adjuster who completely agreed with the Metro Adjuster's assessment.

how do i assess a house in terms of safety etc? 

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The final tax is assessed to the IRA on form 990-T and does  not intersect with your personal return.  

The bank needs two years of rent history to assess the value of the building.

The only thing I can think of is shop around for different insurance, and make sure your property tax assessment is at or below the appraised value of your refinance.  

How do you assess a property manager you're considering hiring?  

Don't forget vacancy, maintenance, special assessment savings ( and/or Cap Ex.)

(Seller needs the equity out asap, so seller-financing is out)As for the deal itself:       Located a few towns over from me (but not far enough where management would be a hassle), right near the better part of the borough, near the middle school, very close to stores & very close to where new construction is being planned & the area is on an upswing.2 - 2 bedrooms (1150-1200/each)4 - 1 bedrooms (850-900/each)Going inside it this week, but from my walks around the outside, I'm ballparking about 100k in renoSeller asking for 200kTaxes as-is about 6500Seller states all zoning approvals & site-planning have been completed, only thing left to do is pull permits and put nails to woodAs of right now, my immediate plan would be to sit down w/ the commercial people at my lender's, assess my standing, and start all the other due diligence common with a typical, residential purchase.