Comparing this to oil or timber rights is comparing apples to hand grenades. 

PMs can minimize their suffering from unrealistic expectations by showing comparable properties that are on the market for rent and having a discussion with the landlord as to how their property compares and how his property can be more attractive to renters.Landlords are running a business. 

There are other players in the game to compare with like Kenny Bedwell at STR Insights or Bill Faeth's coaching.

An appraiser is not going to use single family homes on the appraisal if they do the bank/lenders Underwriter 100% will ask for more comps that are mobile/manufactured to be compared to subject property.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Projects that may not make sense for some, will make sense for you if rehab cost is at 70%, comparatively.

@Joshua Martin,If there’s a chance you’ll sell next year, a HELOC might be the better move since it typically has lower upfront costs compared to a cash-out refi.

Another way to say is that what is the value of the property (today) compared to what is owed on the loan?

Would be great to have more to compare with what I already have quotes from. 

@Timur Salikov How would you compare the Westwood neighborhood to where yours is?