The lowest discrepancy is in the Maritimes (Moncton is ranked as the most affordable housing in the country), but even here Halifax is running out in front of the region while smaller communities are disappearing and cities such as Saint John have faltering local economies. 

I must see the actual Income Statement and 1040 Tax Return, Schedule E (But, that's for Due Diligence).Additionally, on all Balance Sheets and Income Operating Statements, that I have reviewed as part of a Marketing Packets, have a variety of discrepancies from what is in the listing. 

I emailed him and asked about the discrepancy but of course he hasn't responded.  

Any discrepancies that you find gives you a chance to ask the seller to reduce the price or remedy the problem prior to closing.

Can you help me understand the discrepancy - how $700 / 1 br in SE is cheap, but $600 /1 br in Frederick MD isn't cheap?

You don't want to get tied up in your first deal because of a partnership discrepancy.

From what I have learned it seems like if you think its a good deal you should get it under contract and negotiate based on any discrepancies?

With this large of a discrepancy should I be expecting another appraisal?  

Were there discrepancies on what was on the application vs what was found in background and credit checks?

There seems to be a very large discrepancy between comps and the owner's asking price.