Purchase price: $3,275,000 Cash invested: $1,185,000 Six story, 47 unit mixed-use historic hotel-conversion property located in heart of downtown Sioux Falls, South Dakota What made you interested in investing in this type of deal?

It is not as much as investing for appreciation as much as what the location historically offers.

So it really depends on the appraiser...but historically, they'll call out the smallest of things (chipping paint on a hand rail, etc.).

However, I don't want to lose sight of appreciation and would prefer to do deals in markets that have shown strong historical appreciate over the last 5-10 years.

If you are working with a Realtor, they should have plenty of insight into the historical tax records but if there are specific laws in your jurisdiction regarding taxation for investment property you will definately need to research it.

Charleston is a step up from savannah economically, historically and its larger.

As the district continues to rival downtown as the city’s after-hours hotspot, growth is expected to continue in the 110-acre master planned development.Some of the highlights at MidCity in 2022:In September, the Anthem House project broke ground, a $110 million mixed-use building consisting of 30,000 square feet of retail space, 20,000 square feet of office space, and 330 residential units.In December, work began on Wellory Living, a $108 million multifamily development that aims to be the Southeast’s first net zero multifamily development.Construction also kicked off on the five-story, 120-room Hotel Indigo.More residents, more servicesNo other part of Huntsville is experiencing a growth boom as significant as its historic downtown.

Even if every single home under construction was completed and listed on the market immediately, the months' supply of homes (the ratio of inventory to annual sales) would still be below historic averages."

To me, the historical and anticipated future returns of the S&P is literally inflation plus 4% over time. 

But at a high level, I want to know property taxes, insurance, and utilities historically (and most importantly, VERIFY THESE YOURSELF).