Third, I would look into the area of this duplex as far as future appreciation, as I am sure you have read: you should never bank on appreciation but since you mentioned your goal is to do long term buy and hold with this property, being in the path of progress or an area that seems to be up and coming would sweeten this deal for me if I was the one buying. 

If anyone has any advice about assessing markets or deals it is greatly appreciated.

Currently have 5 deals in the pipeline as an agent scheduled to close in the next 2-3 weeks, 4 of them are FHA loans and the other is conventional fannie/freddie backed and things are progressing as usual with all of them. 

Hey Wesley, I agree with what's posted above, the background story will make this easier to assess, and we would love to hear it! 

A couple of the bigger HM lenders that took care of my clients in the past are now pulling out of the game and re-assessing their loans.

We  thought this approach was good to build up quick bookings and positive reviews before the 1 April Superhost assessment.

@Joe BlakleyJoe - very thoughtful post and a good assessment in my opinion 👍Your 3 schools of thought are right on the money.Personally, as a Boise/treasure valley Idaho REI, I am saving/rebuilding cash piggy bank, waiting for prices to drop (for whatever reason, you can think of top 3 easily) so I can purchase cash flow positive small multi-family when opportunities present themselves in next 6 - 12 months.

One of the take away's from the construction process was to assess the condition of plaster walls and make a good decision regarding to keep/patch or demo and start fresh.

If your ads show up over and over and FRIGGIN OVER and GADAMNIT OVER AGAIN.... people will see you as an authority of some sort and they associate that will some measure of credibility.You first assessment is correct.Not only continue marketing but double your marketing budget.

Sup Folks,About to close on a 3/1 REO as an owner-occupant for 190k(cash), current county assessment is 220k, ARV is about 325k and I plan on BRRRing.