You could analyze the property a few ways but that will only give you a ball park ESTIMATE.1st: You can just run your analysis and add the owner occupied space as additional vacancy.This is a good method because you are "not" collecting income so you are being very conservative in your expense estimate. 2nd: You can run the analysis and calculate the property as if it is rented and you will be receiving rental income.

Each compensation method seem reasonable and fair. 

Hi Eric,So there are roughly 4 methods to determine the price of a property.

Katy/Cinco is a solid area with fantastic schools.

Most appliance vendors have access to some fantastic warehouses but it can't hurt trying to find the party yourself.

@Colleen Ross Fantastic!

@Henish PulickalInteresting method for sourcing this deal.

When there are few comparables, are their other methods an appraiser will use when estimating value?

College towns can be fantastic as long as the university is thriving.

On my first investment properties (my husband and I were buying two at the same time), the lender quoted fantastic rates that the other lenders couldn't touch.