In Hillsborough County, FL (Tampa), the structure value is deemed to be the Tax Assessed Value with the County Property Appraiser.

You are only really assessing based on CAP rate which tells me you are only looking online and assuming their CAPs are correct.

With their expertise, investors can make more informed decisions about which properties to pursue, helping them assess potential return on investment.

To that end, I would do a bit of a self assessment because the best way for you to invest in real estate probably isn't about the real estate, its about YOU!

what I would do to decide if brrr method is the way to go-Assess the cost of necessary updates and improvements and compare them to the potential increase in your home's value.

I would talk to the county about how they calculated the assessed value.

Understanding Commercial LoansProperties with 5 or more units typically fall under commercial real estate loans, which have different requirements compared to residential loans.Requirements for a Commercial LoanCreditworthiness: Both your personal and business credit scores will be considered.Down Payment: Typically, 20-30% down payment is required.Debt Service Coverage Ratio (DSCR): Lenders will assess the property's income relative to the debt payments.

More so just heard that if you transfer title into LLC it can “uncap” the property and cause a new tax assessment the following year and raise your future tax expense.

The lender assessed value, then opened a $175,000 line of credit with those properties as collateral.

I also asked about any plumbing issues, which I would get inspected during the due diligence phase, along with other major concerns.While I don't have much experience assessing houses and determining the extent of repairs, I’ve spent a lot of time in stores like Home Depot and Lowe’s.