I'm not familiar with the area too much, so forgive my ignorance, but 100K/unit seems higher than many buildings I've seen advertised, both on this site and others.

That's where you have entire abandoned subdivisions in Vegas, for example.  

The assessed value is simply the value that taxes are calculated upon, whereas the market value can be higher in the case of a new renovation/rehab, or lower if the house is run down or abandoned.

Look for the post from the unlicensed broker that got a bid approved, started advertising on craigslist, and got a call threatening a cease and desist.

@Jonathan Johnson - reviews.com is not an actual review site - they just are advertisements is all. 

.= Allows me to store information/photos about the units and advertise them easily as vacancies occur.= Allows tenants to fill out and submit a rental application and pay the application fee= Provides credit reports and background checks= Accepts rental payments and late fees= Allows me to communicate with tenants= Keeps track of documents (leases, move-in inspections and the like)= Has a mobile appAny suggestions? 

The norm is that if a lease is broken the landlord has to mitigate their loss, meaning advertise and re-rent ASAP, which he has done, which means he has experienced no losses other than the costs of advertising if any as a result of your failure to fulfill this contract.

Advertise, take applications, screen, select the most qualified.To restrict your requirements to vets only is discriminatory. 

So for me, I found that advertising only on the internet automatically got me a tenant pool more in line with my parameters and less ridiculous phone calls.

@Jason Hirko  there have been many threads on this companythey are Utah based so they are half lender half back room guru education companyI suspect they make the majority of their dough on the 3k turn downs.they also then charge appraisal and a submission fee of 600 to 800 per deal and from what others have posted the values would not mess they were out 4 to 5k .. and of course they are going to these folks because they advertise NO money down 100% financing.. so the borrower is out 4 to 5k is now out of money and out of business.Too me is smacks of pump and dump due diligence .. but then they say for the 3k they give them their how to get rich in real estate education materials that are worth at least 3k... :)) 5 points 15% is what I have heard..