Since I do the work myself, I know what I could had done better, and just try to improve on that.

Anyone here use it.I had actually never heard of the program until a realtor mentioned it this weekend.They allow up to 35k in renovations to be wrapped into the loan if the ARV shows that the contractors work will improve the value of the home by that much or more.This seems like a great opp to get renovation money without paying to much out of pocket.

Assessed values are just a way to spread the tax burden among property owners and should not be used as an indicator of any particular property's market or investment value.If a property owner didn't maintain or improve the property over time, (such as one on the market that needs repairs - sound familiar?)

I was equalizing my sold property with my acquired property plus improvements for FMV.

The subsequent owner dropped the section 8 contract, repositioned the building, and rented to many of the former section 8 tenants who were able to improve their circumstances.

I went to Lowes and bought one of their big Home Improvement Books.

That way the bank can see the improvements you introduced.If you want the property appraised at a higher value then you will have to do the same with the appraiser.

Those that Continually IMPROVE upon this ABILITY Will Increase their Networth Significantly over the next 2-3 years.

They know that we are actively working on the building and improving it (which is exactly what the city wants).

The appreciation improves it greatly, though.