I am in the correct zoning district, I have paid rental registration, I have been personally in touch with Zoning Board AND Building Department throughout the entire process.

We contracted to perform all his concrete on 40 units 9th and Kalamath art district row homes.

You could have bought just about anything and be up over 50% YTD based on how the market has stabilized. 9 years later I now have successfully invested in multiple properties and have followed a simple code on "How can I add value to this situation" and acquiring properties near popular attractions ( a university, stadium, entertainment district, etc..).  

Do the city/district run the appraisal each year year? 

Angelo, I live in Old Louisville, which is a historic district.

Oyster River School District.

I would file criminal charges against the manager with the District Court Commissioner.

This link will help you figure out almost exactly what you will be paying based on what county and school district the property is in:http://www.sccounties.org/Data/Sites/1/media/publications/propertytax2015.pdfProperty taxes are calculated by millage rate and occupancy status (6% for investment, 4% for your residence).

Several questions should be ask such as property tax, HOA, utilities bills, home insurance, vacant rate, rental rate in  the area, crime rate, school district and rating, tax appraisal value,seller disclosure,etc...All these will determine if it's good price to buy and how much cash flow/annual return you will get.

Regardless, I don't think I'd ever take an agents advice in lieu of driving around the area myself, looking at crime stats, school districts, etc.