Other than that one, FCI is actually my favorite--and I have used 5 over the last few years. 

The average commission in other developed countries is actually very similar to that of the US: https://tranio.com/articles/real_estate_agents_commissions_i... 

But, my answers are based on my actual experience being a real estate investor for the last 12+ years.I am 41 years old and currently own 160 units.

You do not actually need to go that deep to repair this problem.

This is not uncommon and actual more typical as it is based on sales price and even though the first appraisal was $130k the new one gets reset based on its recent sale and home prices are not up 10% over a few months.You are going to have a hard time getting a lender to use other comps compared to this home as it recently sold.

I'm now going to create some folders for us to drop the actual pdf of the appraisals in.

The rent plus his retirement will actually produce positive cash flow.

That's actually one of my pieces of advice for you... learn how to do your own book keeping so you know your P&L in real time at all times. 8) Hard to say without knowing the value of the place, CC&Rs, as well as any HOA fees/dues. 

They may take an interest.Some of those people might actually be more aggressive about enforcing existing laws.

Have you actually ran the numbers on how much money you as the manager would make?