Condition and "fanciness": With the above searches, how nice is my home compared to the competition in the above searches.If my home is mid-way with fanciness, I would expect my proposed rent to be just a bit under the mean of the homes of a similar size and of a similar room count.The following additional factors are my speculation because I don’t have any rentals with top end interiors to compare with.If there are factors outside the above criteria, try to assess how much value they are actually worth to the target tenants.

Assessments are inevitable, but if the condominium has good reserves and is not currently considering any major capital improvement projects then it really could be a solid investment.

You will want to check w/various city agencies to see what kind of code violations may have been assessed and may continue to be assessed during the redemption period. 

This will help give him the information he needs to propel assess.

I am looking for a free rental valuation site
Not a rentometer

So I ran the numbers using your assumptions for vacancy, maintenance and capex, and management; last year's property tax bill, escalated a bit to account for an increased assessment; my current insurance premium; and the Zillow estimates for my home value and monthly rent (not ideal but hopefully good enough for a quick and dirty estimate).

After some my initial assessments the numbers look promising but you bring up a good point with the fact that the numbers are what matters most in the end.As for paying rent, it seems the area hasn’t been hit too hard by the virus and my personal contacts there aren’t struggling for jobs.

If property values fall, assessments and therefore property taxes decrease, unless the millage rates are corresponding increased.Hoard cashIf a highly inflationary economic environment, you know, one in which the fed is printing money like crazy, rarely does it make sense to stockpile cash. 

Without knowing your rehab and down payment costs I can’t give an honest assessment to your current situation.

Recently found these guys honestdoor.com which have assessment, building permit, transaction data which is a good start.