Is her assessment correct?

with maybe the exception of a parcel that is clearly served by city Sewer Water and have power and Tele / internet to the lot lines.. and you have double checked the hook up or Systems development charges and if they have capacity.. keep in mind many parcels in subdivisions that were basically built as recreational subdivisions decades ago.. ( think GLEN GARY GLEN ROSS and for sure watch that Movie is exactly how the industry was in those days) the original infrastructure was allowed to be built to maybe serve 20% of the development that was legal and now you have moratoriums and assessments etc etc..

Hi Greg, I spend a lot of time listening to STR podcasts and YouTubers and the consistent assessment is that quality design is pretty much a must. 

While some property owners choose to self-manage their rentals, there are compelling reasons to consider hiring a professional property management company:- Expertise and Experience: Property management companies have the knowledge and experience to effectively screen tenants, assess rental market trends, and handle maintenance and repair issues promptly.- Time Savings: Managing rental properties can be time-consuming, especially when handling tenant inquiries, maintenance requests, and lease renewals.

What I do have is a title that shows only single family unit, and a county assessment that shows single-family.I don't have any rent receipts at all (which I find pretty surprising, considering my Dad was almost obsessive in his record keeping - us kids have recently just "ransacked" his office and found no records of rent).

Hey Michael,When assessing the square footage of a property, it's crucial to have accurate information to make informed choices.

With a high HOA and always the potential for future assessments when renting at a net negative, just sell it and get what you can and chalk it up to a learning experience.

Because PMI is insurance offsets risk so the rate is lower due to risk assessment.

The lenders don't know what questions to ask, what due diligence to perform, or assess the risk they are agreeing to. 

Your parents likely have relatively low assessed valued due to Prop 13 in California.