Something in writing I can use in court to argue what the buyout value should be.

Your post is too hard to comprehend.You are better off saying Property ABC and Property DEF to distinguish your properties.

Why is everyone arguing or defending opinions?

In, CT, there is also an exemption that you can argue applies where the exemption applies if you are simply reorganizing with no change of beneficial interest.

I could argue it's hard to beat a good clean single family house in a good neighborhood that will attract and excellent tenant.

While the easy explanation is that you have a superior property, from the appraiser and bank's POV, I could see them arguing that you will not be able to renew at that rate, and since your loan is outstanding longer than this lease term, they should not underwrite entirely to an above market lease rate.  

I would certainly take the $80k to reinvest comparing to sitting on the equity over 30 years, but for the sake of my head not exploding with inflated numbers in the future, I wanted to only argue what it would look like to not touch the debt on the property as well. 

So needless to say that I need the rents coming in. my problem that I have is that one of my first tenants brings his girlfriend over every night and they argue by slamming doors and disturbing my other tenants.

The cat skeleton you can argue holds no material value.

But for most of us who are hungry to grow their capital as quickly as possible, WL is a waste of time and money.I think you are embarrassing yourself by continuing to try and argue this point.