(PA, DE, NJ) But this is totally dependent on your location. 4) What type of loan product are you using?

If you can build fro around 200-250k per unit, it may seem attractive, depending on time frame, debt terms, and the ability to achieve 2k per month in rent.Great product to build.

That's it, they don't set what price a product has to be sold at.

The market is competitive but if you deliver a consistent quality, in demand product at a good value you will do fine. 

Operators that are open and able to offer combined usages for slower seasons, such as mid term discounted extended stay rates in the winter, can improve lower estimated production in the off-seasons. 

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The toilets flush fine if there’s no paper products in them.

Furthermore if agents were paid on a fixed hourly scale then the thing driving that rate would be the quality of the product they produced.

Look at State Employee's Credit Union (North Carolina) and check out their mortgage products.

If you're slowly increasing but still slightly under market, have a better product, or better service (or all 3) and have rental comps to back it up, if they start to ask you can highlight these points.