Very happy you found BiggerPockets, you are in a great place to ask questions and align with people that have done exactly what you want to do. 

That’s how appraisers will determine value, and that’s what the lender should be looking at.3️⃣ Challenge their underwriting logic – If you built the exact same two townhomes on separate parcels instead of one lot, would they still insist on using duplex comps?

With a Condo, couple things to note:1) Financing can be a challenge, but as long as the building is in good condition, you should be fine.

Given its condition, renting it may not be practical.

What exactly is their, "strict tenant screening & matching process"?

The underwriters will be looking at similar property condition requirements (c4 or higher) of a conventional loan (no deferred maintenance or safety hazards which would affect value).  

Maybe but not exactly. 

@Dan PoratI am looking block by block at the household income and agree with D to C depending on exact address.

As the state navigates these changes, it will be crucial to monitor the impact on both homeowners and the overall real estate market.Citations:[1] https://reason.org/voters-guide/georgia-amendment-1-would-create-a-local-homestead-property-tax-exemption/[2] https://fultondems.org/guides/2024-proposed-amendment-guide/[3] https://www.fox5atlanta.com/news/what-exactly-is-georgia-amendment-1-important-property-tax-question-ballot[4] https://taxfoundation.org/blog/georgia-property-tax-exemption-amendment-1/[5] https://apnews.com/article/georgia-election-property-taxes-amendment-1cc7a1bc2af404efbe6771aaf1819c7f[6] https://www.wabe.org/the-three-measures-on-georgias-ballot-and-what-they-mean/[7] https://www.georgiapolicy.org/news/the-implications-of-amendment-1/[8] https://www.georgiapolicy.org/news/would-amendment-1-bring-property-tax-relief/

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!