Mike,Thank you so  much for the welcoming.I am not familiar with the BP's web site, but I will learn.  

We have removed and replaced the roof, replaced all ceiling sheet rock and finished, to include replaced all enterior doors to date.  

Ultimately if you don't sell and someone (family, friends, siblings, etc) inherits property, and they decide to sell later, they pay capital gains tax based only on the value of the property as of the date of death.

There are some sites that are very hit and miss pipl.com is one.

As far as Zillow and all of those other sites go.

@Mitch Kuehn Hey Mitch, welcome to the site and welcome to the real estate investing world!

Do not feel too bad as this site is full of hobby landlords that know nothing about operating this business.

If it’s just a cosmetic renovation and most all the other items are dated it might just look good on the surface....

Simply write up an option that says you can purchase the property at any time within the next 2 years (or 3, or whatever) and that the price will be the appraised value at the time of purchase minus $2,000 for each month between the start date and the date of exercise.So let's say the house appraises for $400k in 2 years.

Search this site for info.