It's all about the 'PATH of PROGRESS' & that means, yes we say it again, the LOCATION, LOCATION, LOCATION! 

Steve Connolly if you are a wholesaler you bring deals that you have gotten under contract to other investors that will pay you a fee (amount depends on how good the deal is) for bringing them the deal.For example: Let's say you come across a property that you can get under contract for 40% below assessed and actual value (i.e. the property is assessed at and comps confirm its value of $100,000 - you get it under contract for $60,000 because you know the owner wants to get rid of it and it needs about 10k worth of work).

Get a reputable company to come out and do an assessment (usually free).

I was in the Alma School and Ray driving for $ yesterday and there is a few places over there that look flip worthy if priced right, and a couple flips in progress from the looks.

based on the title of the post, I assume you are trying to assess best path forward in drawing equity from your 2 rentals?

Heather you need to take some time to assess whether you are cut out for operating this business.

The price has stayed the same through the 2015 assessments.That's scary to think one year your property is at its peak and you're thinking of selling, then  a new assessment comes in and drops the total assessed value by $30,000.I understand that the assessment is not what drives the price but some people (hopefully many investors) give it a look when considering a property.This also seems to be consistent throughout the small city of Warren - not specific to 1 property.Thoughts? 

Good afternoon Marcus,Great to hear how quickly you've made this kind of progress. 

I've tried the tax assessor, and I assumed that if someone is paying taxes on it then it must have been assessed in order for a collector to collect.

Hire a quality manager and collect an appropriate amount of assessments to pay them and the vendors.