You can provide your own comps, leave cookies and milk, and do everything you can to try to sway the appraiser.

@Dain Cook  I think the tough part / unknown is the bank very likely will use the $197,900 purchase price for the rental property, not the $240k in your projections. 

In my experience, my clients with LLCs created by a private attorney get conditioned for items much more often than clients who took the cookie cutter models from legal zoom or rocket lawyer. 

The cookie cutter expenses for a C class property is ~55%. 

Many western states also had some very poor, slapped-together, cookie-cutter construction happening 1970-1985 so that’s another time period to look out for, although again, lots of quality custom builds done at the same time.

I consume the BP podcasts just as greedily as these damn girl scouts cookies that we stumbled upon!

Hire a part time assistant to do a lot of the menial cookie-cutter things - again - you need a checklist.5. use software to track all expenses etc.  

Get a life manDoubt the story, congratulations, you win a cookie, I wasted all this time came onto a forum to lie about a story to enlarge the size of my little manhood.

I have to admit sometones I dip into the cookie jar but for most part I stay true to my goals.

Give a mouse a cookie and he'll want some milk...