This place needs a full renovation/gut & was built around 1990.After running comps I determined this property was closer to a property that is a single story that was flipped then sold 2 months ago for $350k...

You should be able to determine a pretty accurate market rate within a day or two.I agree with Matthew that you should seriously consider a property manager.

I think I have good idea of how to determine this number in single family houses but struggling with the commercial ARV.

Or is there a pre-determined split?

If you're determined to use concrete, ensure either you or your installer is using fiber reinforcing or wire mesh reinforcing.

The definition of racist is this: "having, reflecting, or fostering the belief that race is a fundamental determinant of human traits and capacities and that racial differences produce an inherent superiority of a particular race" - Merriam WebsterSo actually Jim did not make a racist statement, not a word about one race being superior.....at worst we could call it prejudiced or biased......

Chris,My difficulty with selling if your are still looking to be a buyer with the cash proceeds is that you are playing both ends of a hot market which nets out.With regards to your question on determining a price, you can look at comps in your area or reach out to an agent if you have one.Real estate is very much a numbers game in my opinion.

It was a very complex situation, but with lots of determination and BiggerPockets, I was able to learn all that I needed to know.

In this case you'll need to determine your financial activity and pick a solution that will work for this.

Also, a bank may be able to help you determine funding for it.