@Alex LocklearIt doesn't seem too unreasonable - given it's an estimate.

Section 8 will deem their asking rent "unreasonable") I'll explain it again (speaking s-l-o-w-ly): Section 8 uses the HUD guidelines for fair market rent which are based on the 40th percentile of a moderately priced apartment in a  given zip code.

I have been studying this space over the last few months and a lot of GPs rely on the ignorance of investors (about their failures, inexperience, unrealistic underwriting assumptions or their unreasonable fees) to take more people's money. 

Reason I'm asking is I am relatively new to REI and want to make sure I am not overstepping my bounds or being unreasonable by expecting the neighbor to assume the cost of repairs

We only have 1 property with a perfect 5.0 and it is a matter of time before someone with unreasonable expectations gives us a 4 or lower.The strategy we are taking is to use the rebuttal as a way to advertise the property. 

So it's unreasonable to ask for a general price because any number that someone gives you site unseen is either: so low that the builder will eat the cost, lucky and spot on, so high the builder covers the worst case scenario but the investor would over pay if there are savings because certain things I mentioned above are applicable. 

I'll just make clear to him I won't be accommodating requests I perceive to be unreasonable and that if he's looking for more of a hand-holey type of experience, he should look into a building with a doorman up North.

I agree with you, I don’t feel like their price is unreasonable but I couldn’t figure out how to make it make sense.

Over the next 3-5 years, it is not unreasonable to expect rents to go up a little and for interest rates to go down.

I'm trying to understand if he made a mistake or if the DOT is being un-reasonable.