Hey Christopher, not sure if you may be interested in STRs or not, but feel free to reach out if you would like to learn more about the Gulf Shores/Orange Beach/Fort Morgan markets!

My guess is that there are NO similar properties in the neighborhood, so the appraisal compares apples to oranges.

hello JUd i am interested in that market and i would like to connect iam actually looking at a property that needs rehab in s iowa st kc ,ks 66103 anybody knows anything about that areaany recommended contracters or inspectors?

So I am comfortable with it and I believe it has great potential being that it is so close to Orange County, the mountains and even somewhat close to LA.

It is a painful and embarrassing lesson learned and won't be repeated  or easily forgotten:NEVER  RESPOND IN HASTE OR ANGER!   

It might be that in your market but I am in Orange County California and there are still agent out there that list the property overprice.

I currently own one rental property in Orange County and am looking to invest in more affordable areas outside of California that have a higher cash flow on rental properties.

BTW, if you do get stuck with a grotty appliance and have to deal with it yourself go to a Dollar Tree store and look for a cleaning product called "Awesome Orange".

Any tips on great contractors that can get this job done in Orange County.

The incremental cost is not that much more than building a minimal size ADU.Here is what I see as an interesting ProjectCity of Orange, Tustin, Santa Ana, Garden Grove, AnaheimPurchase Price $750-$850k, 2300 sq ft on 7000 sq ft lot.Convert part of the existing 2300 sqft house [150-499 sq ft] as a junior ADU [Extra bedroom, attic or basement etc] attached to the existing structure - $30-50k in cost - Market rent $1500+Use the 1800 sq ft or so for your part of the house.