I have had smoe success finding properties who's rents are lower then market then simply raising the rents.  

Instead of starting at $1.03MM, they reinitiated the offer from last year and raised their ask to $1.07MM.  

What are the best ways to raise the value of a condos & how to the bank or others actually determine the condos value other than supply & demand?

So let's say you do raise rents to $750 like you believe you can (and do check Rentometer to confirm) you're indirectly eliminating the water bill.

We are in a vacation town and airbnb apartments are doing well here) 2BR: $1200 (basement apartment. probably capped at $1200) 3BR: $1700 (potential for raising to $2000) Two 1BRs renting at $875 (we think rent could easily be $1000-$1100) Taxes $9300 (ughh, Vermont) Insurance $1600 (might be a little more since we'd be owner occupied and current owner is not) Heat $1878 (current owner pays heat- place has new windows and new insulation in basement apartment.

We have a operation located in St Louis now and a couple of contractors that we have relationships with.We are looking to raise private funds to buy theses homes and are looking to partner with others for short term projects.

Test your rehab/renov detection skill (bring seller disclosure)6.

I wasn't happy when the mortgage on my principle residence was sold to them because they forced me to raise my flood insurance to the rebuilding cost which was 2 1/2 times what I paid for the property.

However, having another job is going to be one of the biggest factors in this, particularly if the other job is full time.It is honestly very difficult to say with a straight face that you work 40 hours per week in a job and 41 hours in real estate without pretty much anybody raising an eyebrow at it.The other issue is, even if you don't have a full time job elsewhere, being able to honestly say that you spend 14 hours a week in real estate is also tough if you aren't in the middle of a remodel almost continuously.I'm not saying you don't qualify.  

I would like the collective input and wisdom of you, forum members, to test and prompt my further planning and pre-empting as I plan to write the contracts and do the transaction.