A residential appraisal (1-4 Units) is based on 3-6 sold comps or occasionally listed comps that are within 1/2 mile of the subject that is most like the homes design, layout and appeal as the subject property. 

We try not to get too crazy with colors so it appeals to the bulk of buyers.Just curious what everyone else does?

The appeal of this particular property for me is that it's in a location where I can see myself living long term and raise the rents over the next several years.

Is this something that may appeal to you?

Hey Stephanie, I am also in Delaware County and another thing I have tried is to appeal the assessment.

I do not understand the appeal of Credit Unions.

If the sale is set for February...unless you are writing a check to pay the loan off in full, I'd say you should punt and move on to the next deal that appeals to you.It's up to the owner once it's taken back as to whether they will fix it or not.

You want your information to be as easy-to-read and visually appealing as possible.

But I'm surprised that no one has already mentioned a simple appeal to logic here:  it should be stated quietly but firmly and often that a bona fide purchaser (that is, you) is interested in acquiring this physically and monetarily distressed asset for a reasonable, already-negotiated price, and that the Brother has the choice of accepting that price, or getting wiped out and receiving literally nothing.  

While the some-what guaranteed rent check every month does seem to have its appeals along with the 11-12% CAP based off the numbers I ran, I am curious what the down sides to buildings like this are?