Nothing to do there except appeal the increase, but given the rise in real estate values, unless your home is appraised inappropriately, probably a waste of time as I believe my houses in Texas were re-evaluated upon sale.So that leaves us with the drywall.

You do have to be careful as I have had some realtors do something similar by using properties in a comp (whether in error or deliberately) that had the effect of skewing and inflating the value substantially.

Sounds more like asking opinions.I don't put much stock in a BPO, especially commercial properties, frankly the larger the project the more involved it can be and Realtor/Brokers aren't trained nor do they have the experience nor the qualifications, unless they have obtained such from other experiences.Say you have a small 140 unit high rise government owned that is subsidized housing (PHA) and it's being sold under a Mark-To-Market project, turned over to private ownership, it will take expertise and experience to take that on.

What I noticed is that over time the HOA fees start to rise at an ever faster rate.  

You can get more bang for your buck and make a slow and steady income regardless of what happens to the rising and falling property values.

Or it could be over-inflated and in bubble territory.Here are my thoughts on neighborhood.

By my calculations, you're going to be break even monthly from a cash flow perspective in the long run (unless rents continue to rise as they have - let's hope they do!)

Thanks guy for the post,I totally agree, from now on that is going to be my approach.It's not the first time this has happen to me.I'm flipping in the Central Valley in California And lately this year due to home prices rising most of the buyers are FHA.

If it's not worth $139,900 after rehab, you're taking advantage of your lease-purchase buyer by trying to sell them the house at an inflated price.Overall, the idea is good in theory, but not so much in practice. 

When interest rates rise prices will decrease.