Skip Matrix is a little more accurate but very pricey.

However, I’m not sure how to accurately determine its value, given the configuration and the fact that it’s not fully rented.My Concerns:Determining Value: How should I calculate the fair market value for this type of property?

Besides putting together the best SOW using accurate/actual quotes as @Peter Mckernan and @Alan Asriants commented above, another key aspect is tracking expenses (bookkeeping) and monitoring the budget throughout the project. 

Hey @Joel Oh, So what the salesperson said could be accurate but for the fact that this is not for personal use.Tell me, would you want to get into a tub that had been used by 20-50 other people because they didn't change the water or do any real cleaning?

Like websites or anything that gives accurate information. 

This is Part 1 of the response.

The reasoning from 2 was COVID and another said they changed the laws response to 2008. 

@Robert NelsonI Did a condo as one of my first investmentsPros - 1. little maintenance to responsible for.2.

@Dwight HenningRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

That is accurate for ARV conservatively.