Usually collected as part of the application process.Fraud: let’s not pretend it doesn’t happen.

If you don't include all the actual and projected costs, it's just "pretending" that there's cash flow.

I know myself; I’m not the person that is just a pretend investor.

Pretend you’re a tenant looking to move into the area.

I'm not trying to pretend to be a government agency, but I want to make it clear that I am local and work exclusively in this county. 

@Jeff Cagle All the points you bring up are totally valid, but like I said, that model doesn't pretend to illustrate any sort of risk adjusted returns.

Tell your Johnny to stop pretending he is an accountant and hire a professional.

The mother-in-laws and apartments at around 280k-330k seem okay, but I guess I zero idea what to put for the "pretend" rent when I analyze a deal like that.

While I am very new and will not pretend to give you professional advice, I can repeat some of what I've been told so far.

Alabama statute says it's illegal to make landlord pay for tenant's unpaid water and sewer, but most landlords don't know that and most water boards pretend like the statute doesn't exist, so you really need to make a stink over it.