- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?

Since they can't do each property individually, they use comparable sales to make broad generalizations to determine percent changes.

There aren't too many other cabins like it in the area on Airbnb to compare it to.

Sales comparison A common method that compares the property to similar properties nearby and their relative prices.

I wrote the above for informational purposes.

The $200k financing would serve as a purpose to be a downpayment, or do you want the $200k to be the top limit of the investment?

Looking to make new connections here.Are you looking for local community banking for lending and real estate related purposes or for personal checking and savings accounts?

I really like LLCs compared to corporations because of the free stepped up basis for passing property to my children. 

Best regards,Yaroslav @Yaroslav Shtogun what about a slight adjustment to the property line and executing a no build easement so that you're achieving the purpose of the setbacks?

Based on comparable listings recently sold I think closer to $650k there would be more interest.