What would be the best way to close on an off market deal that you have under contract, the property needs nothing more than lipstick to give the appeal to yield highest FMV.

There should be one word of caution though, when you go to court to appeal they also have the right to raise your taxes as well, which almost happened to me on a vacation home that I had tried to appeal.

Find a tax consultant and see if you can file an appeal with the municipality to reduce the assessed value.Call your insurance agent and get a quote for hazard insurance plus general liability as a landlord.

I understand there are different methods to determine the repair cost such as the 70% rule or multiplying the total square footage by $18-$30, depending on the property, (if there are other methods, please let me know) but I want to learn how to visually look at a property and see the underlying value.I live in the DMV area so if anyone is aware of any meetups or would not mind me tagging along with them as they walk through a property, I would greatly appreciate it.Thanks Everyone and Happy New Years... 

That would be the same terms as a foreclosure auction; basically a drive-by visual and buyer beware.

Don't forget signage and curb appeal.

Plus numerous outdoor improvements to improve curb appeal and landscaping, add a dog run, and improve lighting/security. * Over time, we'd spend $7500/unit to upgrade interiors as units turned over.

It sleeps 10 comfortably so it has some appeal for large families which might be why they decided to leave before the 31st and not have to deal with all the excitement then traffic.We've also had some very good experiences with VRBO.

You could file an appeal with the City to resolve the matter.Hire an attorney to legally remove the item that has shown up on the title report.Good Luck. 

This to me, is a classic example of someone appealing to the greed factor - smoking deal that you just can't pass up, BUT the seller just needs this big *** EMD to make the deal happen.