I estimate real values based on taking '00 prices, and adjusting for inflation.

(it is not one of the worst places to invest because they never adjusted the mileage rates - the taxes are some of the highest in the county, but the properties are some of the worst (just not soct effective when adding in the taxes to the equation) - it forced many ederly homeowners out and real estate investors in....true story....I'll be selling this property in the next year or so.So - long story short - no - assessed value and appraised value are not necessarily the same thing....

That being said, if one of the big boys came in and dumped $25 million into our laps, it would take us months to put it all to use and it would destroy our model of speed and efficiency.

I'm loving the speed.. still going to play around with the dashboard more and try some more functional stuff.. need a good picture to play with profile functionality.

I would give it another week or so and adjust accordingly.  5 days isn't much but then again I'd expect at least a couple applicants out of 10 showings.  

@Ana Nomys  @Thomas Young Classification of PropertiesA Properties-Cream of the CropBuilt within last 10 yearsRented by younger professions Command Highest rentsAmenities Pool, Workout Room, Tennis Clubhouse etc.High Speed internet, Alarm systems etc.Properties lower maintenance low-risk tenantsTenants maybe relocating, looking for a home, Dual Income couples no kidsTurnover higher than a C PropertyConsider Highest and Best use maybe a special population.B Properties Still High EndBuilt in last 20 yearsRents quite high not as high as A propertyTenants white collar workers and higher paid blue collarC Properties Gold that looks like leadBuilt within the last 30 years.Tenants blue collar some government sponsored Vehicles in lot >10 years old and > number of pickup trucksMost vehicles gone during the day—workingSome deferred maintenance.In rentals foreverD Properties-Worst Area of townBuilt 40 years or moreGood CashflowManagement IntensiveNot a good starting out propertyAssisted housing, out of prison, hard luck etc.Lets take a look at the city and grade the areas.Grading Areas of the CityA AreasUpper level society resideHigh end PropertiesPath of ProgressConstruction tear down old build newB AreasBlue collar workers liveBusiness in area serve needs, bowling alleys, Nail salons, pizza movie rentals etc.Comb subsidized housing and othersIf you allow subsidized make sure they have a job.C AreasFilled with restaurants and business that support c-type tenantsOld strip malls in need of repair.

We spent a few years just getting up to speed on all the different stuff so that we wouldn't get blind sided.

In addition, a rental kept for any length of time is going to need to be rehabbed before it can be sold (tenants are very hard on rentals).Keep in mind that after a typical real estate boom-bust cycle, it takes 8-10 years for prices to once again reach their previous inflation adjusted highs.

Not sure why, but advertising FREE HIGH SPEED INTERNET has provided really solid responses for me.

I'll give 30 away in exchange for feedback.The tutorial takes about 1-2 minutes to load on high speed internet; dialup will take too long.