But the value really depends on the condition and location of the complex. 

After 12 months, your property should be in good condition to be able to pass a bank inspection, and the appraisers will be able to use sales comps for similar small houses (even if there is no any 1 bedroom sales) and adjust accordingly.  

Good Morning,I was looking through a few HUD listed properties last night that are for sell in my area , and I was reading through the Property condition report/summary documents , and am a bit confused by what they mean.For instance:The Property Condition Report shows that there is NOT a Dishwasher present , as well as stains in the Bath Tub that can NOT be removed The Property Condition Summary shows ( via Escrow description ), that there is some needed Plumbing to be done ( $300 ). 

Would also be a good idea to get a good handle on the condition of the roof and pool.  

Check their names in public records (court, etc.) and social media to find out more about them.

I am curious to see how much a rental owner would pay for a service that would help them advertise their business, possibly run their social media and fill vacancies at the same.

Under those conditions they technically are 30-40% below market with their loan amount.

In the industry we refer practices used to gather information in these ways as "Social Engineering".You can use a little social engineering to find out who owns a property.  

Document in writing and with photos the condition after repair.

You also have to take into consideration the condition of the building, so adjust your price based on deferred maintenance also.