@Alex AllevaAlex - If you are currently living in the house and the total property taxes is $19,000 for the total 4-plex.The property taxes allocated to you as an itemized deduction should be $4,750. 

Most properties have sold for 9k or less because they were fix and flips I assume, but this particular property shouldn't require as much work as it is tenant occupied already and from the pics looks like a well kept together home.

Said lot is 1 of 21 being sold by the developer.

In all we spent about 5k on renovations including new bathroom items, pulling up carpet and refinishing the original hardwoods, freshening the kitchen, installing a "shiplap" wall feature. 

But every reno project I've ever done has a list of "I wish I'd have done that different" items. 

Was the portion sold just simply "described" in the deed?

http://www.oregon.gov/CCB/Pages/buyer-beware.aspx this sure would be a helpful item in all jurisdictions. 

Anything you buy as an investment - if we define investment as increasing your overall financial stores, i.e. getting more money out than you put in - has to gain more value than its present day value, meaning that we have to believe that what we are buying is being sold at some kind of discount relative to its potential.

I’m still feeling my way around but right now I think I’m going to arbitrage notes as a first exit strategy.Just picked up a note yesterday and should have it sold in a couple of weeks.

We build high end homes in Chicago - I know it is done elsewhere but we have never sold a home without appliances in Chicago or the suburbs.