County tax values are not relevant really a good indicator of market value.Though you do need to look into the current inventory, what development is happening in a neighborhood, and how many sales occur in that price range compared to # of houses in inventory to get an idea of where you can land compared to the comps. 

Strategic patience is still considered investing...https://www.forbes.com/pictures/hhej45j/most-overv...2 years old but things are no better nowhttps://www.forbes.com/sites/ingowinzer/2018/04/18..indicates a high house price to income ratio-not goodI am sure there are different opinions on this forum so please share them. 

The first indication is that the property was still available after being purchased for 55k in March...Thank you for your feedback!

This allows the individual to make  Traditional or Roth IRA contributions to their own IRAs based on their spouses’ income.Transfer/Direct Rollover From Another IRA or Former Employer PlanFunds from other IRA or former employer plans can be transferred to the self-directed IRA. 

"this was a foreclosure so there is a slim chance that the foreclosed upon individual will have the right to buy back the property from you for the amount you paid me, as long as he/she exercises their right before said date")?

I'm currently collecting rental applications for a SFH I have up for rent and an individual and her family are interested in renting my property. 

I ended up printing out some documents from different pages of the website, including the Fair Market Rents for Florida (my state), the Housing Market Indicators Monthly Update, and the Housing Market Profiles. 

The second sentence of your opening post indicates that you have not decided if this is a buy and hold or a flip to a developer."

We are actually making one offer on a bank owned house and another to an individual.

I want to absorb as much knowledge as I can, from like-minded individuals, to become the best investor/agent that I can be.Thank you to everyone here on these forums, whether posters or commenters, all of your words and your advice, truly, does not fall on deaf ears.