I did a brief (5 seconds, literally), Google search and found this about USPAP confidentiality:  "It says “[c]onfidential information [is] information that is either…identified by the client as confidential when providing it to an appraiser and that is not available from any other source; or…classified as confidential or private by applicable law or regulation” (ibid; emphasis added).

Anyone who gives you a number is giving you a rough estimate, emphasis on "rough."

For context I am a realtor, property management company owner, and investor.My favorite strategy for buying small multifamily properties (2-4 units) is to house-hack.My favorite way to pick up single family homes is BRRRR with an emphasis on buying properties that have some form of mis-marketing happening or some other thing that gives me an edge.I also started out in a cheap market because that's where I lived. 

This gives the buyer a bit less concern, since it means if there is damage, the bond or insurance should cover it......emphasis on the word "should".

Hi @Andy D. this is from one of my loans (emphasis added):"18.

Definitely seeing emphasis on condo/condotel distinction; usually in reference to financing but probably important for other reasons too.Good luck on your next property!  

@Golan CorshidiYour friend does make a good point about stocks providing a potentially high return with low effort; emphasis on the low effort.

I'm a little nervous of getting a new flip not on MLS since maybe there's things they could be hiding and it's like putting lipstick on a pig, but at the same time I have seen some remodels that are stunning and it's clear there is an emphasis on craftsmanship. 

**I bring up this last point bc I hear a lot of folks having this discussion and asking about market A, B, C, etc; not so much of an emphasis on the people you'll ultimately select to help you deploy this strategy successfully.

Going forward, putting an emphasis on tenant retention efforts (easier said then done) is key.