It may be appropriate for a real estate professional to utilize different approaches for estimating the market value of a property depending upon the particular property type and use. Which of the following approaches would be most applicable when valuing an owner-occupied residential house. income

income approach

Explanation:

Base on the scenario been described in the question, we can say that the approach the real estate professional used and is most applicable when valuing an owner-occupied residential house is income approach

The income approach, or the income capitalization approach, is a type of real estate appraisal method that allows investors to estimate the value of a property based on the income the property generates to them. It’s used by taking the net operating income (NOI) of the rent collected by the investors and dividing it by the capitalization rate. Which will give us the income approach

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.