Whatever the newly discovered "features" are that raise the value above the original assessment, they don't include brick. 

Have your account set up so that it texts you a transcribed message that you can then check and assess if it sounds like an emergency (same reason I don't mind my tenants texting me).

Not many sales in the area and just a couple similar properties within the past 6 months.County assessed value $47KTaxes $1160Comp #1 sold 2 weeks ago for $67K (No interior photos)Comp #2 sold for $76K in June (Average rehab).Comp #3 currently on the market for $95 not yet sold 34 days listed, so it may have to be reduced to sell (Rehab was beautifully done).Based on these comps I assigned a conservative ARV of $67 to stay in line with the lowest comp.Owner says it will rent for $750 - $800.

Thanks, Nicolas.Wanted to know if anyone could suggest other good websites that they've consulted/referred to when assessing good/strong national markets?

They were extremely thorough, very professional, and provided a rather comprehensive and detailed inspection report.

Probably a decent cash flow deal if you know what you're getting into but it hasn't been B for 50+ years.What are your numbers for:- Property taxes (around 3% of city assessed value)- Grass and snow- Heat - Water- Other utilities if landlord paysI agree with your 10% each for maintenance, management and vacancy.

What I've tried to challenge before(especially on the leveraged properties) is the bank assessed replacement value which drives the premium.

I like to look at cost per unit and cash flow per unit to help compare deals, but you need to get all of the other info to properly assess the property. 

I'm not even sure if the ink was dry before I received my first special assessment.4.

HI Jonna,What wayne mentions is generally correct however there are other FHA related guidelines to adhere to as well such as the self sufficiency rule in which states that in the event all units are rented at market that that monthly figure is able to cover the entire monthly PITIA (prin/int/tax/ins/assessments) of the 3-4 unit you are purchasing (this does not apply to 2 unit properties).There are other stipulations on 3-4 unit properties as well such as if you use a non occupant co-borrower you may need to put up to 15% down instead of the normal 3.5%.