I recently won a bid on a house for 30k, and would like to hear your input on what's my best course of action.I purchased this property as a buy and hold, and am looking to rent it out indefinitely after a few months of me living in it while i'm fixing her up.After a run down assessment of the property, i'm estimating around $10-15K is needed in order to make it appealing when the time comes for rental.I have around 8k of emergency savings in the bank that I can use, but I'd rather not touch that money since I like having a small cusion just in case life happens to throw curves.So what would be my best option for funding the renovation?

For a more REI applicable example, If I were to post an article up to my subscribers about Finding Home Values, I would also post short link and description at the bottom about visiting a friendly realtor I met that does home assessments.

The market has its way to adjust to the actual value (Mark to market as the banks dread it) That's why I completely discard ARV estimates, tax assessments and all other nonsense statements that seller put out there that mean nothing.

One thing I noticed on BiggerPockets.com when people ask for deal advice, is that they often don't provide enough detail on the deal for others to make a reasonable assessment.

I'm going down to check out the situation next week to assess the full scope of the problem.

can you get that reduced by appealing assessed values?

I know someone who has 65 properties and has offered to sell me any of them at the tax assessed value.

I havent quite figured out a way to quickly assess repair costs.

The first two often get hit with special assessments to keep up appearance for everybody.All types are subject to special assessments when the HOA has not sufficiently funded reserves and now needs to fund some replacements, repairs or improvements.So, ask about the reserve accounts and what items are targeted to be replaced with those funds.And I would want to know the history of the dues being assessed, to see whether it is stable or wildly fluctuating.

Sounds more like a special assessment than an adjustment to the dues.