If you are the recipient of a high assessment, you would want to appeal it.

The reason the area appeals to me is that I am familiar with it and travel there a few times a year as it is but you do bring up a good point about factoring in the additional costs.

However me buying as is, then putting all my time and money into it and then splitting the profits with someone who I already cashed out of the deal, doesn't appeal to me personally.Your Mileage May Very though and good luck in whatever you decide

Instead of finding an investor, could you foot the bill for a remodel and curb appeal update and then split the profit from a higher asking cost?

The research aspect of it appeals to me, it isn't something I have to work on every day, and if I do everything right the ROI looks to be very promising. 

Single family dwellings are cheaper and appeal to 1.

Paying the down payment isn't very appealing, my wife and I are adopting and would like to keep the cash on hand, but I don't know about the margin if I finance 100%.

Good curb appeal, landscaping is there, just needs some tlc.  

I therefore can not say from experience but single family buy and hold strategy is what seems the most appealing to me.

@Robert Carl, was there no way you could fight/appeal that $500 fine?