Can't tell, haven't gone to the lot yet, in the assessment it still show up as a 1.5 story SFH with a basement, so that's odd, but if I can find some guys to do this for me can I say the "house" (or what's left of it, in this case, the basement) needs an addition? 

I am also trying to better understand how to assess the numbers in a deal to determine if it is good or bad?

If anyone could share any resources to help me analyze markets, and maybe even assess potential deals that would be very much appreciated.Thank you,Iftear

When people don't pay their assessments or fines, a lien is filed on the property for the amount due plus costs - and the lien can include accruing interest and penalties.

Depending on the area, below grade space is assessed slightly lower than above grade. 

I currently lack the ability to assess the potential of properties well and would hope learn from said partner.

If the working class goes from blue collar to white collar than this will shift the balance and the entire market goes up.On the other hand let's assess the geographic placement of Philadelphia.

Shouldn't the property tax rates be the same % of the assessed value if they are all from the same city and county?

@Fran Arti, taxes are different by county so you'll need to contact the county tax assessor office to find out when they assess your property taxes and how exactly they are calculated so you can add them into your analysis.The 10% additional in liquid funds is a reserve account.

@Jason Crowe In FL, all properties have a new Value assessment every year.