Typically, the adjustments I see on appraisals for basements are more flat rate adjustments. 10k is usually the number I've seen.What stinks is that there are a couple of model types that have below grade space where the builder, I'm sure, was trying to lower the taxes by having it below grade so the county wouldn't count that space in the assessment.

Whether you need advice on selling your property or transitioning to your new business model, feel free to reach out!

The nice thing about the arbitrage business model, is the companies usually pay you a monthly rent, and then they handle all of the AirBNB stuff. 

An option to better understand and see the model without having to spend all the time is turnkey interesting.

WE create value so different bizz model and my capital partners ( I provide the capital) have done equally well in value add.. in my mind what slowed was the vanilla rental real estate bizz.. we all know that rates rose higher than rent.. so cash flow got squeezed ..

Also, if this is something that you are looking for in a hard money lender, you might want to look into more of a private money lending model verse anything else. 

However, Minoan doesn't have an efficient business model. 

In my round-up note as we moved out, I mentioned that the ice maker in the fridge hadn't worked in many years and the model was known for issues so we just never replaced it. (8 year old fridge.) 

I'm aware of this model just as Jason is BUT it isn't the model that we follow.

Arbitrage is one of the most challenging models to accomplish nowadays.