A preliminary site plan has been approved. 

In general, though, wood panel walls make rooms darker and seem smaller whereas drywall will do the opposite.  95% of all areas are probably going to receive a higher ARV with drywall but whether or not the cost offsets the increased sales price is something you will need to investigate more thoroughly based on the market you are in. 

So in my experience the city isnt motivated to investigate this on their own which means that if you have cool neighbors who don't care you can get away with it.

Its been a while since I used them (~10y) but SRC windows,  which advertises in the RHA newsletter did a good job with my triplex window replacements when it needed it,  despite some unexpected challenges with the condition of the structure at the time (which I have since fixed)I imagine they can do doors as well.I also believe there may be energy efficiency programs available to multifamily properties for replacement upgrade of windows/doors which might be worth investigating;  don't know what the tradeoffs may be.PM me if you want and I can give contact info(PS if not an RHA member.... join.)

The home is currently leased for a year at an amount that pays my mortgage exactly (2650)Situation:I bought the house with the intention of subdividing the lot and building a second home on the property. a lot of the investigative work and planning with the city has been done by the previous owner but is outdated.

If you spot areas where metal has been corroded(not rust) please seek a qualified metal building erector or engineer to investigate the area.

At least it would prompt me to investigate further either way.Does anyone know a site that would append owner equity for me?

Now my property manager will check the meter daily this week to compare and further investigate if tenants are leaving the water running.

@Jason Richards -  Typically it's best to be absent when the other party is doing their investigating unless they specifically ask you to be there. 

After that, I'd run some preliminary numbers to see how they compared to the county numbers.