An appraiser will try to choose properties nearby that have sold in the past 6 months. 

This can result in a significant increase in property taxes, especially if the property has appreciated in value over the years.The ATI exemption allows property owners to apply for a reduction in the assessed value of their property for tax purposes.

If it was on the MLS or is in disrepair and no one else is bidding on the property (say an off market motivated seller) then yes sometimes.

Talk briefly and honestly about the condition and your plans for the property.

Before you pay for inspections, estoppel, etc. go look at the property yourself.

I have used TurboTax and Taxcut, so I am looking for an accounting/property management software for Mac.Thanks in advance.

Quote from @Michael Evans: What steps do you go through to secure vacant rental properties in rough neighborhoods after a tenant leaves and you're waiting to turn the property over?

Purchase price: $550,000 Cash invested: $150,000 Sale price: $800,000 "Acquired a 3-unit beachfront property in Carolina Beach, renovated to increase rental value and resale potential.

I have an opportunity to JV with a company that has identified properties and will fix/flip.

Property management is one of our core services, and we've worked with numerous property managers over the years.