I am having trouble understanding how to appropriately evaluate the property's value - is it based on the current "market" value, the 2020 tax assessment value of land and improvements, or from a bank appraiser who would be used during the purchasing process?

Inventory is at .8 months last time I checked.  

They can help identify good neighborhoods from bad, identify potential problems the property may have(such as neighborhoods that may have subsidence issues), identify improving areas, and have a list of competent contractors and inspectors.

Based on the market and the improvements I would bet the property has increased significantly in value. 

As I’m sure you now know, you should have released the money in draws After you had phases of the rehab inspected, so you knew your money was being used to improve the asset you had as collateral.

We will be making improvements to the property, and are using our in-house property management arm.

We're experiencing the lowest inventory on record in Columbus, with extreme competition for anything that looks like a house.

They have a large inventory.

I have been watching the podcasts on Bigger Pockets as well as just listening to them when I have the time it improves my knowledge in these areas, and hopefully be a very useful problem solver for a lot of people in my area or any areas I choose to expand too.

Sales up 19% inventory down 82% and they call it a buyer’s strike?