My main concerns come in the fact that there are very few property management companies up here and market appreciation seems very low in comparison to the more populated areas. 

This is in comparison to a median income of $75,845 in 2018, which represents a 4.73% annual growth."

(Repairs, Utilities, Insurance.....not mortgage, not capital expenditures)It is an easy way to create an apples to apples comparison of the risk involved in an asset and market.

I was stationed in San Diego and recently speaking with a friend about the market out there, by comparison EVERYTHING here is a steal. 

Ensure that you're comparing apples to apples as well, meaning the properties you use for comparison's sake should not only be of a similar style, size, number of bedrooms and bathrooms but should also be in similar quality to the level you intend to remodel your rental.If you are working with an agent and are trying to buy on market, they should be able to help with this.

Proving discrimination actually requires evidence, and that evidence is often a comparison of who received the unit vs who did not receive the unit.

For comparisons sake the big time wholesalers are spending many thousands and in some cases 10s of thousands of dollars in marketing. $300/month won’t make much of a dent.

Talk to them about their budget and get an idea of what they are spending for different improvements and try to pay attention to some of their costs in comparison to repairs or renovations on other transactions you might have had recently.

The terms stink in comparison to conventional financing! 

@Dana Revallo, as others noted, traditional loan products that will get sold to Fannie or Freddie will use the valuation an appraiser assigns, and that is almost always the sales comparison.