As another poster said the PM want your business so I am guessing they are trying to be as accurate as possible without over or under inflating the rental income.

I was trying to estimate based on what is for sale, but all those homes at the inflated prices have been sitting for 3 months+.  

. :-)"people in a hierarchy tend to rise to "a level of respective incompetence": employees are promoted based on their success in previous jobs until they reach a level at which they are no longer competent, as skills in one job do not necessarily translate to another"

So @Robert Karnes, I will say that with the euphemistically named Inflation Reduction Act maybe going into effect, that brings 87,000 new IRS agents into the mix.

Interesting article today from WSJ on investor slowdown in purchasing homes in the current markethttps://www.wsj.com/articles/i...

Or you could also set the rate in flat dollars and have it only take dollar bills. 

I can only imagine how this market could inflate if people could get 10% down deals with little experience.

As a side question, why do you want to start investing in the 3 most inflated markets?

Fed just signaled that week about rates rising and tapering their asset purchase starting in Nov.

Especially with rates being a little higher right now, and likely going to continue to rise more throughout the rest of the year. 12 years is a long time to wait, but with $1000/month cashflow that is $144,000 more you will have in 12 years.