Depreciated no matter what.Even if the association paying for it  and adding an additional assessment it that would still be depreciated. 

Commericial is very different from a residential; you'll need a different type of loan, different way to assess etc.

If there is a special assessment...you would get 5 of them.

Understanding the legal requirements you must operate under in your area, do a self assessment, am I going to be a scammer, bandit, thief in the night or am I going into real estate to operate fairly, honestly, ethically and legally?

Gannon never gave me a heads up about this, even though the assessment happened over a month ago, and has not responded to my emails sent yesterday, nor has anyone official called me.

Whatever the newly discovered "features" are that raise the value above the original assessment, they don't include brick. 

Have your account set up so that it texts you a transcribed message that you can then check and assess if it sounds like an emergency (same reason I don't mind my tenants texting me).

Not many sales in the area and just a couple similar properties within the past 6 months.County assessed value $47KTaxes $1160Comp #1 sold 2 weeks ago for $67K (No interior photos)Comp #2 sold for $76K in June (Average rehab).Comp #3 currently on the market for $95 not yet sold 34 days listed, so it may have to be reduced to sell (Rehab was beautifully done).Based on these comps I assigned a conservative ARV of $67 to stay in line with the lowest comp.Owner says it will rent for $750 - $800.

Thanks, Nicolas.Wanted to know if anyone could suggest other good websites that they've consulted/referred to when assessing good/strong national markets?

Probably a decent cash flow deal if you know what you're getting into but it hasn't been B for 50+ years.What are your numbers for:- Property taxes (around 3% of city assessed value)- Grass and snow- Heat - Water- Other utilities if landlord paysI agree with your 10% each for maintenance, management and vacancy.