That's where I think this analysis falls short of your intention to value the deal.I would recommend running the report based on fully rented value to determine potential cash flows and evaluate the deal based on purchase price/cap rate.

@Henry Clark has been incredible recently in sharing his knowledge and @Scott Krone certainly knows the business too.Regardless, of how you piece your learning together, everything (soup to nuts) for an Acquisition is either FINDING a lead, EVALUATING to determine if it's a deal, now you're in the PURCHASING phase, and after you close, it's then all about MANAGING the Operations so that you are increasing both Income & Equity/Value.Also, you may think that it makes more sense to build than to buy, in which case you’ll want to learn about Development & Conversions.

It's a work in progress but I appreciate it 🙏  

My realtor told me to re-evaluate later in December. 

I have general target prices in mind and have filled out a rental analysis and deal evaluation spreadsheet I found on this forum.3.

Always evaluating systems for better mousetraps as we grow is obviously a big key to success.

Essentially I want to know how to evaluate home value when market value is difficult to know in today's environment?

As your stay progresses make notes of what you wish you had.

You've probably already considered this, but why not buy it as your new primary residence, get the better terms of an owner occupant mortgage, live there for 12 months and then re-evaluate? 

It can be tempting to get the “biggest” parts of the project out of the way first, and although making progress is fantastic, it might not necessarily be the best step at that moment.