I listed another house one time that was just the opposite....sales price about double the tax value....unique house, unique neighborhood about a block long with all kinds of styles, sizes, ages.Just knocked off 25% of the tax value on an investment property I owned by challenging the value at the appraisal district hearings....value of the house has not changed, condition has not changed....their value was automated and not challenged by the district fairly.Bank appraisals where someone actually sees the house, sees the inside, and is familiar with values in the area is way more accurate.

If it's in public listings, it's gonna to be a race against time and a challenge to offer against others.

Challenges?

Challenges?

The only challenge is lending has been strict for MF many require 40% down (if you do not have MF experience or portfolio) due to covid19.

Challenges?

Challenges?

In a seller's market, using rehab loans can be more challenging, but in a normal or even a buyer's market, they are much easier. 

Finding a Cash-Flow Property in some market can be very challenging, below I gave a quick highlight of my top 10 methods to find your first or next rental property.1.

The biggest challenge has been lack of paperwork or records that the estate might be missing.