This 20% ARV concept blows my mind right now in the market within which I operate...

I am still a newbie however are there any bad news, stigma's, or spoken negative's regarding this property by the community?

So, current and expected economic conditions (negative or positive) of market expectations drive market influences.

Whether the appraiser as mentioned counts off for it or not the buyers will almost certainly will.Why give the buyers the chance to encounter a negative that would make them walk away from the deal upon inspection??

Probably wouldnt get many responses, and possibly only negatives at that!

Have them build it up enough to get you above the elevation thats considered the floodplain, then all that is a null concept after that.

I'd say this concept in law applies in attempting to find the spirit of the intent of the bank's deed restriction.

Welcome to BP, as Bill mentioned, there are many threads on this matter which have a luandry list of concepts based on the actual rules and implimentations.

Maybe the neighborhood is slipping, maybe its harder to rent, or some other negative aspect.

You really opened our eyes to looking out of state and in particular turnkeys as we were continually running into walls and negative profit margins here in So Cal.