You would adjust your basis for the amount your property declined in value due to the fire.

In other words, you might find a property that was similar that sold 2 years ago, then look to comps on that property 2 years ago.Then consider the market changes from historic data.

As I build my business plan for my buy and hold strategy for MF units I wanted to see if there were any websites thaat provided price per unit data by zip code for recent MF salesI found city-data.com which is a tremendous site but not specific enough for multifamily units.

Or is the rise in value of the homes in the area legitimate?

Clearly if one looks at housing data for 50 years, there are ups and downs, and buying when prices were up and having to sell when prices were down would not be considered a "good" move.

Everything this far has been research and collection of data I need help on what to do with all the address I collected and phone numbers of investors I collected.

Work for someone who is doing what you want to do, offer to work cheaper than other people, and go way above and beyond what is expected, make yourself invaluable, ask a lot of questions, observe, learn. 4.

ASHI's website (American Association of Home Inspectors) has only ONE inspector listed, and I wasn't impressed with the credentials when I checked the website (too vague data on experience, previous trades, etc).So I currently have 3 options to choose from:Inspector #1 (found from TAREI - Texas assoc of real estate inspectors): on BBB since 1993, A+ rated.

Report

If you're interested I can set you up with fine tuned MLS data.