The stream lined approach that you shared sounds great to me.

I am having a great time in Wichita, KS in my first year and a half to two years of investing; we have taken an aggressive approach by investing in a low income high crime area near downtown Wichita.

If you approach the matter with care and compassion, you could save the tenancy.

I would love to do as much legwork as I can, before approaching agents and brokers.  

Hi @Mike Cangi,How are you and welcome to BP.If I am reading correctly, you are seeking a bank and appraiser in the back end of a cycle of the current real estate market to take a complete income approach and not look at the market approach on a true 4 Unit Multi Family in the  Philadelphia Market.

I'd take a multi-prong approach.

Use these books as an approach to build your wealth.

I'm in San Jose working with a youth corps programs that is starting to do Tiny Home construction and we are reviewing all the regs etc for California -- the hope/goal is to make quality homes to service our homeless population then the community then eventually FEMA etc...These will be on trailers - Our approach will be to approach members in the community who would like to have the extra rental income by having on elf these on their property -- no doubt there's a lot of hurdles ahead of us but we have a record of building/construction - the challenge will be the market and regulations  which I guess always is the case....

Julie,This is a very involved question with many different ways to approach the question.

I decided to approach ARV determination the same as an appraiser would.