I will however take your recommendation and research other multi units in the area to detail market rates.

I would need more details on the Property, the style you are trying to accompLish, and the numbers on the project to give you the most accurate answer.

In general, the more focused and detailed things are the more helpful they become to a novice investor (each time you do something new you are a novice).

Do I want to be more or less detailed?

Ask for the hud sheet estimates or a more detailed breakdown from the lender.

Selling a big property here and a mistake can cost us over 1 million dollars.There are partners involved and LLC’s and trusts so we do need someone knowledgeable.We don’t know too many people in Florida so if someone knows very well the tax laws/IRS regulations, Please leave your phone no/email and I will gladly contact you so we can discuss details.

Detroit fascinates me.

Ask to see detailed bank statements from the last 12 months, I promise you will find out quickly where the money is going

Let me know if you are interested and I can get the details for you. 

If you don't feel comfortable sharing detailed information on the public forum feel free to PM me and I would be happy to help you arrive at a fair market value for this property.