You have to look at your current assessed value, convert it to market value using the latest equalization ratio, and then determine if that market value is higher, lower or about the same as its true market value, and how much higher/lower it is relative to its true market value.  

With your drive and determination you can reach your goals in no time :) 

You need to know if the numbers will work or not be determining the Maximum Offer (MO) you will make.

I am determined to figure something out 

Determining whether the land can be legally used for apartments is your first step.

Determined to figure out a solution I expanded my search into north Loveland.

How do you determine a selling price on a rental that is turn-key --- Are other formulas or factors involved for markup?

How many years of data do you even need to determine the net rental income of a portfolio to base your calculations on? 

Recent sale prices are all we have to go on to determine market value.

I am definitely still learning all the possibilities of real estate investing, so as of now, I have not completely determined what my first investment will be.