The properties here are starting to convert from mobile to slab homes, too, so values are playing the supernova game.

Robidart, an insurance salesman and leader in Chino's Basque community, the cream-colored, two-story stucco building contains a restaurant, two bars, a banquet hall and a parlor room for playing mus (a Basque card game).

I quit going a while back, there are some hedge funds that came in and are making some aggressive plays in the market.  

Maybe it's a 12-3 wire but the outlet only requires 2, so one is just dead???

You have $115k in equity (that's dead cash), and the PV is only $185k. 

What size is the multifamily, this could play a factor.

@Jonathan KlemmThe property was vacant when the appraisal was done but I am not sure if this played a determining factor in the rejection because the appraiser noted that the property is grandfathered to continue its existing use but the exemption would be lost if the property remains vacant for 6 months or more.

I had convinced myself last week to put it on MLS and sell but someone close to me said there's nothing else to buy right now and I'm better off just playing the long game until I can afford to build on the lot. 

Why keep beating on a dead horse? 

If you just filled out and filed a dead on your own, it was your responsibility to check.