It is part art and part science.Many of our rental properties are almost identical down to the finishes and cabinets (and in the same suburbs of Milwaukee) and I get a 10% swing on appraisals - at least 5% in either direction.

RR has some very nice product .. however one just needs to look at any real estate venture with the same due diligence you would buying a home to live in.home inspection verify neighborhoods etc.My personal Experience with Zach the owner has proven over time he is very diligent in making sure his product and staff are on top of his clients investments.. that all said its still real estate so keep that in mind as well. but as for integrity Zach has it from my point of view.

Verifying last 2 years of rental history very important!

I would also want to verify that the renovation budget is accurate. 

If he chooses to stay, review his finances to verify he can afford the new rate, then lock him in with a new lease.If he can't/won't accept the rent increase, give him 60 days to find a new place.

Remember to "trust but verify" every decision you make. 

Even with identical facts.

Below are our total profits and information from online listing companies to verify the numbers.

There was recently a new law enacted where a buyer has to sign an affadavit to verify that he or she is in compliance with state laws on foreign ownership of property.

They will also need to verify the ARV through a BPO or Independent Appraisal Report.