Plug that into the numbers that you run to determine the cash on cash return.From a housing cost reduction perspective, compare the rental income to the cost of the mortgage, taxes, and other expenses to see the net cost of living there. 

I had the following question to determine if I am still within the window to take advantage of deferring my taxes or not.

The poor contractor gets 20 referrals and a bill for $800.

If they county/city will use the ARV to determine taxes, you should likely use that.

With all this in mind, I would have to second @Brendan Miller's recommendation of heavily considering selling as it doesn't sound like there's much cash flow to offer an attractive reason to hold.The only other piece of this puzzle is to determine what your goal is so that you can effectively leverage the gains.

Without understanding where this data is coming from and the context of it, I would guess that it's either:- confidence they have in the ability to get that rent based on the median of the area- the confidence that the current median rent is this 

The title company now needs to determine whether the judgment attaches to the property. 

Don't use Zillow to determine your ARV.

Go ahead and clean or replace with new, any window curtains or blinds.Add up the cost of materials, and charge him a bill for them.

If you are buying them correctly, each property should improve your ability to qualify for the next one.