Olsen, No. 88215- 1NOTE: "any discrepancy between the sale price and the fair market value of the property,"Do you want to spend two years in court and $150,000 just to convince a judge that it was a "Fair" deal?

Cap Rate = Net Operating Income (NOI) / (Purchase Price + Rehab + Acquisition Closing Costs)IF YOU HAVE ANY QUESTIONS OR DISCREPANCIES PERTAINING TO THIS ANALYSIS, PLEASE REACH OUT TO ME!

They receive a receipt for their records, thus alleviating any payment discrepancies.

Question is does anyone have experience in running rehab numbers to the hard money or private lenders that have had discrepancies?

@Kathi Miller there's a lot of posts on the BiggerPockets forums that are not accurate around the service animal vs emotional support animal distinction, in some cases due to discrepancies in state-state laws and/or misinterpretation of ADA guidelines in this area. 

This creates a small discrepency in the purchase price for the two scenarios, but we're getting a profit differential of  almost $25k!

Obviously this is a huge discrepancy, and I would lean towards the actual percentage as it is a less desireable area and Im not sure I would keep the current property management.  

I had my friend look it over and he pointed out a few discrepancies - small stuff, you know, different penalty amounts in the Lease from those in the House Rules Addendum.

The county will show a lesser amount and there will be a discrepancy on the appraisal.  

We have before photos so that we have no discrepancies in what're how the lawn was maintained prior to occupancy