The property was sold 3 times (including my purchase) since the quitclaim.

Lots were then sold by speculators to dreamers and others..

The best way to get an understanding of the growth in specific areas is to look at sold, remodeled homes on the MLS and check out the time in took for those properties to sell.

@Jerrel Jones Ok so finding your ARV is a bit of an art, the easiest way I can think to explain it is try to find as many exact copies of the house you are looking at.

I did well on both when I sold but neither cash flowed.

By the time you sell it, it will be sold as two units ( ~$150k - 200k per unit in average) instead of one unit and the performa also looks better with 2/1 + 1/1 income.

Get a solid deal, and you can post it on Facebook and have it sold in 3 hours. 

Is it safe to use comparable priced properties that recently sold or do you need to go back a few years?

I am curious . in older mid west towns the condos are downtown walk to work and all the good resturants.. much of the D and F class is also urban core and will surround the down town areas or be pockets.. so yes you can have downtown hip and 1 mile away the HOOD.. just look at any Morris invest stuff he sold in INdy..  

Can their share be sold to anyone, or does it have to be sold to the other sibling?