I am writing to clarify a misconception I have seen on BP forums and I have heard from REI Gurus as well.  I keep hearing that most or a majority of the wealthiest people have built their fortunes through real estate ...

@Jeff White typically the contract rents at the subject will serve as the best "rent comps"  for the subject's market rents; however in this case, where the units are being rented for well below market, the appraiser will not give much weight to the contract rents at all and base rents heavily on other market rents.  

Utilization carries a weight of 30% in the FICo scoring models, 23% in the Vantage models.A short credit history will also result in lower scores than long-established credit.For other applicant, yes - the late payments and collection will bring the score down.

The area we own them in is rapidly growing and we have decided to convert them into condos.  

I want to know what sort of things are factors in your decisions and what each weight you would factor in for each; with 1 being the lowest weight 10 being the highest.

The name itself also carries more weight - bigger name means more recognition when networking.

 Ann Arbor properties are appreciating rapidly, and Ypsilanti properties in the price range of your house are selling like hotcakes, so I would tend to think that your place will begin appreciating fairly soon.

@Nick Yates to get back to your OP and question- I used Castle for a period of time- (also reached them through recommendations on BP) and they were ok for a while but ended up  disappointing me dismally-  mismanaging a cash flowing sec 8 property of mine into abatement, which resulted in the tenant being permitted to break the lease and leave, and thereafter instead of pulling their weight and turning it around, they simply resigned and left me holding the pieces.

I would pitch it in the dumpster, but the dumpster is filling rapidly so i will save it if I can. thanksKaren

It is one of the few affordable places left in Boulder County, but is rapidly appreciating.I'd connect with a local agent to get listings from the MLS so you can see what properties are being listed for right now.