They condemned our neighbor, and forced the sale at market value.  

My background is in consumer surveys and marketing research, so my inclination is to run a survey of people who have or will traveled to the Davenport area and measure the incremental value (or tradeoff value) of a game room compared to a garage.

Due Diligence, background checks, deal reviews, the right paperwork, there's a lot to it.I started making a checklist of everything I check/verify before doing a loan, but I stopped when I had 3 pages, and I was still going.I'm not clear if you had a Note, a JV or some combination of both, but clearly, they did not value you as a lender.

If you don’t mind me asking Job growth and stabilityLimited land to hold value Tourism and revenue incomes streams as a city to gain exposureMilitary bases nearbyResort town/ beach town Commercial businesses coming into the area Tons of gentrification in the area with new construction 

Property values have spiked in the area along with rising rental rates.

So as I have posted 100x, " what value do you bring to the table " Do you have deals, or buyers?

In one county people bid 300% of assesed value.

I think that's fine as long as, and this is important, you DO NOT pay market value for the home.If you pay market value you're going to expose yourself to fluctuations.

In essence, generative AI draws inspiration from diverse data inputs—ranging from images to text or audio—to craft entirely novel outputs, offering a tantalizing glimpse into a world of endless possibilities.Reshaping the Dynamics of Real EstatePrecision in Property Valuation: Generative AI is rewriting the rulebook on property valuation by tapping into extensive datasets to swiftly and accurately predict property values.

We owe $168k and the home is valued at $220-245k.