If not then they are buying 3 beds at the cheaper price.I do not know your area.Appraisal means nothing so forget that. if you are not getting an appraisal for loan purposes the appraiser will massage the numbers to come close to your value.

I have been trying to upload a picture but the process seems stuck and I will keep trying.I am currently an online entrepreneur (inspirational spoken-word CDs) and a certified massage therapist who is preparing to get more involved in the real estate business.  

I have to say before pouring over the advice on this website I may have massaged the #'s to work.

As an aside about the sign ordinance:Here in San Pedro, I've counted at least 7 different VW Buses , with new paint jobs (each one a different color) advertising 1 hr massage for $ 35.00.

This is why (I think) in any given market the listed MF properties will all show the same CAP rate- if they want to sell the property they massage the asking price to be just higher than a bank will want to pay based on the income in that market.  

They plan for perfect case situations as others mentioned and massage the debt structure with I/O for stabilized,short term fixed loans,  or ARM's to make the deal pencil.

I purchase their raw data by zipcode(s) to analyze historical/competitive properties and massage it into the critical details I am looking for (need some basic excel skills).  

Yup, that new…ANYWAY, I’m looking for advice on an idea I have about renovating a space for a future tenant.We have a commercial space with 4 offices sharing a shared waiting room.One of which my business partner (and wife) operates her therapy practice out of.We were approached by an established massage therapy practice who is interested in renting all three offices.My wife doesn’t feel like she wants to be the only metal health therapist in HER building.

The Garage was a hair salon, and the house served as a Day Spa with massage therapy and sauna.  

I have a spreadsheet I use that I massaged for exactly this purpose.