With going rate right now, as I am friends with other owners on my street and have their opinions, I could easily get $1800-$2k/month.

It is one of the reason they continue to be popular despite the outrageous fees in my opinion. 

@Adriana Siu real estate is a long term hold, not a trade in my opinion.

For example, an SFR turned PadSplit will be appraised as what the asset's highest and best use is, which is an SFR (or at least in the opinion of the capital markets it's the highest and best use).

Your opinion is the landlord would be at fault in this given situation?

You are able to find better deals in my opinion and still lean on heavy traffic from the nearby cities from people wanting to escape. 

It depends on your current goals, in my opinion.

In our opinion, you are hiring us as the professional to find someone to rent to, if you can't trust our judgment than it's not a good fit.I can understand why you would want to have the final approval, trust me I do.

If you really need to resolve this issue: (1) get on the phone with their lender to understand the situation; (2) cash deal - you could get something on letterhead from bank and call to confirm, or get an attorney representation for the same.In my opinion, this issue can to some degree resolved by contract terms.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)