Looking to use creative financing though because I'm not interested in dealing with the banks and their stringent rules.  

Especially for properties that will have trouble qualifying for any bank, agency or bridge financing.You should check out Peter Harris's information on Master Leases:website,https://www.commercialpropertyadvisors.com/peter-h...Youtube,https://www.youtube.com/watch?

Do you want to build up a big portfolio, or build up a lot of 0's at the end of your bank account?  

I have a 4.75 + 5 points for construction loan right now with a local bank.

. - I decided I didn't want to mess with it because Im starting another project with higher potential return.Now, as an example, I look at this one:https://www.zillow.com/homes/63-GRANVUE-DRIVE-BELL...Its on the Auction block, if I picked it up for 2 or 3k, and sold it for 10k to someone else who wants to work with it, essentially a wholesale deal, and didn't spend any money fixing it up, and agreed to max 1k realtor fees if any, I might make some money on it.If you go to our county tax assessor site, and search '63 Granvue', youll see that 1) the total taxes for 2018 are $2981.38, and 2) they are paid by the bank already for 2018 http://www.co.st-clair.il.us/Pages/parcel.aspxWhat I am asking is - if I bought this at auction, and sold it within a couple of months as a property someone else can rehab, how would the property taxes work / what would I end up paying? 

So a bank is involved?

I used Bank of the West last year on a 6 plex & got a 10/30. 

So it can be a difficult transition to go from adding value, banking on appreciation to simply placing an investment for cash flow only. 

So if I negotiate a good purchase price, it does me absolutely no good in the eyes of the bank. 

My comments are re: a normal house, condo, 2-4 unit.Appraiser is providing an unbiased opinion or estimate of market value for their client, usually the bank.