It's very disingenuous to blame the overall poor performance on Covid and not even mention the property tax expense issue.

Loopnet has some comp information, but requires a paid (and not cheap) account to see it.Commercial properties are generally valued based on income, not comps per se. 

During the term of the contract, are the taxes the sellers responsibility, and should be factored into the payment?

The idea of living in one unit and having rental income cover a significant portion of my mortgage was a game-changer.

The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

I am in one of the higher tax brackets and could be saving around 40k~ a year on taxes with this.

Texas notched another technology win this week when Apple said it is planning a new 250,000-square-foot factory in Houston to make servers for an artificial-intelligence system.Tech investments are transforming the Texas economy, often via companies from California in search of lower taxes and fewer regulations on land use and labor.https://www.wsj.com/business/texas-tech-industry-move-26f9e7...

In our areas we have a lot of new low income construction that comes with a section 8 housing voucher.  

My goal is to leverage that equity for additional income.

I'd recommend a background check for any other entities owned by the members with a history of BK, tax liens, etc, and for any UCCs/tax liens currently filed against the entity.