To do well, build a strong money base, keep a good credit score, and look at other loan types besides FHA.

You build it with appreciation.

The Assessor's Office is doing an assessment on it to determine the new assessed value.

I don't do this but know those who do. 

It wasn’t just about the property—it was about the lessons she was teaching her kids along the way.During the drive, she shared valuable insights with them:• How real estate can generate income.• Why patience and hard work are critical to success.• How to think creatively about building wealth.Once at the property, the kids explored, asked questions, and saw firsthand how opportunities are created through smart investing.Involving children in real estate teaches them:• Financial literacy in a hands-on way.• Entrepreneurial thinking and problem-solving skills.• The confidence to believe they can achieve financial independence.It’s amazing how small moments like these can inspire the next generation to think bigger and dream bolder.How are you involving your family in your real estate journey?

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It sounds like it's not in a very desirable area, based on the price and rents.

I had not thought of that, but it makes sense.

How are they going to know what you do with the home-live in it or rent it-unless you tell them?

I can't get a straight answer from the county.Does each unit have its own building permit that would be pulled?