Property taxes may or may not adjust based off of current valuation by city and what you buy it for.

1 year adjustable rate loan with a local bank.

It is OK to adjust the price down even after 5 days if not enough traffic has gone through and only one mediocre offer has arrived.

@John Corey Does it adjust your perspective the fact that the remaining 60% of the condo units are owner occupied?

I went ahead and adjusted the closing cost per your advice.The WPB property:1.

(I own a good sice portfolio and we are leveraged with a very healthy equity share.)A stress test for your portfolio is basically a set of distressing circumstances, like a worst case scenario and then you look at your bottom line.What happens if:- you loose 30% of your tenants- rental rates soften- your competition starts giving out free rent- your adjustable rate financing kicks in- your annual capex spikes (well, this should not come as a surprise)- etcNow you don't look at this statically and say okay now I cam cash flow negative.

I talked to the insurance adjuster and told her all this, so now she's looking into it with her legal crew. 

I agree about adjusting the last couple sentences but don't go soft on the requirements. 

Some counties will allow you to appeal the tax assessed value with no guarantee of an adjustment.  

So the comps the appriser is using are current conditions.When we challenged the low appraisal based on facts of the comp properties, he did not want to make any adjustments ( i.e. comp's had wrong bedroom count, did not factor in being across from a cemetery, did not take into account master bed/bath, school districts etc. and did not account for any finishes, for example, SS appliances, hardwood floors).