That might have a bigger impact on the value than what an appraiser would give.

Love your mindset, especially recognizing early on that real estate is a team sport and focusing on long-term impact through quality housing.I’ve got some entry-level experience on the personal investing side myself, and I also work with investors daily here in the Houston market.

The Tenant Classgreatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

It looks like it is due to the lawsuits and Jackson County is being forced to reset the assessed values to be no more than 15% of the value set in 2022 without inspection (could be misinterpreting this).

However, their 38 page Prop Mgmt Agreement for OneRate is daunting--it lists many exclusions to their obligations such as any damage caused by force to a surface (whether from tenants, animals, roots, wind or other force of nature, etc).

States are not obligated to or forced to give those..

And make sure they’re up to date on the new One Big Beautiful Bill that just passed on July 4th—it includes a lot of new provisions that could impact your planning.

I am considering this as a buy and hold for long term and over the seller financing term, doing some basic renovation to 2 BD to get around $90000 in annual rent and forcing the appreciation.

I don't know how the land lease impacts this, land lease may limit options I don't know.

If you are an investor, it's time to join forces!