Here is how it appears on the app:Mortgage Information        ^Equity percent:48%Mortgage amount:        Mortgage term:$93,000                            0 yearLender name:First Horizon Hm LnAssessed value:$178,800Almost all equity percentages are ESTIMATES only.

@Alex LocklearIt doesn't seem too unreasonable - given it's an estimate.

The median home value is approximately 94K. 

As such my contractor gave me an estimate to install new ABS main line (~225 LF) for the property and connect all 5 units (3 existing and 2 ADUs) to it for approximately $30k. 

It may not be here tomorrow, and taxes won't matter then.That said, if you're trying to estimate your future tax benefits, keep in mind these things:- depreciation is only applicable to rentals- depreciation starts when you place the property "in service," not when you buy it- depreciation increases your deductions and consequently your tax losses, but you may or may not be able to benefit from these losses, depending on your overall tax situation- if you do have room for additional depreciation, you may be able to amplify it with cost segregation (a separate topic) 

I charge 10% of the monthly rent, and if I have to go to the property in person for a routine inspection or to oversee a large job or high ticket estimate, Its $25/hr + $0.50/mile driven.Hiring a professional manager is ideal if you dont have the patience, mental space, or availability to receieve random spur of the moment repair and emergency requests.

When I say "quality" i mean the quality of the neighborhood, and not necessarily the property.For example I am looking at a property that is being short listed for 20k fully renovated (zillow estimate is 35k) but it's in a depressed area with a few rowhouses boarded up around it, but there is an existing tenant there and the rent, cap rate, and cash flow look excellent on paper.

You might cause more issues doing this type of work, if work hire a bad contractor, fill in the blank, might open up a money pit.List with detail all issues on the inspection report, that by reducing the price the buyer now is responsible to fix.Of course, you will need to get your own estimates to fix each issue.

These are rough estimates, but thought it'll be a good idea to get some opinions on it.I'm planning to house hack with 3.5% down using an FHA loan on a duplex that markets at around 700k in LA/OC area.

The last policy they implemented before we cut ties with them was they started asking for a formal estimate for EVERY repair.