If you already have low respect due to a pre-determined mindset, it's hard to approach the community with an even or reasonable keel.

When under contract at 300k with the expectation that codes would be the determining factor on what can be done on with the property, as it relates to new construction.

Listen closely to podcasts and they can provide clues to help you determine who is and who isn't legit. 

I'm here on the forum to better understand - how others would navigate a similar scenario.I guess I'm still shopping for the ingredients to determine if there is a 🍞 of bread and if I should even attempt to bake it.

Depending on your experience will determine the maximum LTV on a rehab loan.

The first one will likely determine how quickly that second purchase can be made. 

Steps to PrepareGet Market Data: Research comparable sales to determine the property’s value.

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

In a similar vein, how would you determine what "market rate" for your units are? 

This is a house that I’d tell others to run from, but since we already own it we’re just trying to determine best options.