I really value the opportunity to talk to many different investors and know I’m not alone :) Anyways I wanted to just give a small little update on what I’m doing at the moment and hopefully get some advice if I should be doing something different or if I’m going down the right path.So the last 2 weeks I’ve really been focusing on talking to different loan officers trying to get a solid quote on what kind of rate and loan type I could get on a 2-4 unit multifamily property and I’ve made some good progress.

I've never owned a condo as a rental but I hear one or two "assessments" can wipe out cash flow.

Assessed land value if 70% and Building is 30% per the county4.

The government (Progressive JP) could kick in and end eviction until the end of the situation.What do you think???

I know in Cincinnati, the auditor's office has a specific form that needs completed to contest taxes and even offers specific evidence you can use to contest them.The easiest way in my experience is if you just bought the property for less than the assessed value, that is your evidence, since it was a recent arms length transaction.Alternatively, hiring an appraiser and full appraisal report is commonly accepted.

It's amazing to see the progress that the area has made.Do you have any before and after pictures?

Let's see how things progress...

That being said, there are definitely OZ areas that are in the path of progress in many metros (Austin included). 

Are you charged a flat fee just for them to show up and assess the problem?

I'll keep posting on new developments as they progress.