I am not educated in the indicators of what predicts when house prices go up or down.

I would rather show a lender my financial statement that PROVES i'm financially intelligent then a piece of paper that indicates that I can conform to a life of subservience.

Funny how obvious it is, but yet I've never heard anyone discuss this -- an ARV is only as good as the person who determines it, and knowing how well that person has done in the past is very indicative of how they'll do in the future.

Did they provide a seller's disclosure indicating that they did the work legally with all required permits?

They consider it a more reliable indicator of where the market is going than anything else.Their rule of thumb:more than 3 buyers for every seller: appreciating market2-3 buyers for every seller: stable marketless than 2 buyers for every seller: depreciating marketThe fluctuations are impressive: Paris went from 6 to 1,4 buyers for every seller in a few years.

My point is that using embarrassment or shame as an indicator of an offer well made is stupid.

I'm not a tax expert but common sense would indicate that if you bought it to use it in your business then it's a legitimate expense.

@Giovanni Isaksen Thank you again for your superb advice.Based on the property analysis I have email to you earlier ,looking at the negative cash flow might indicate property bubble is imminent.Should I start investing or apply wait and see policy?

I recently came across a vacant property and the county records indicate that it is owned by Bank Of America.

The appraisal is very important it indicates how much money the bank will loan on the property.