However, my justification is based on my work.

Gurus and newbies in this business love to base their conduct on the concept of "equitable interest" and most often miss the position they are really in, misinformed or intentionally deceived to form the needed justification for what is to be accomplished.

What I have noticed is the same justifications ranting of wholesalers thinking they are in some special activity and that they are uniquely qualified to charge more as if they were an attorney working by the hour.

I constantly see people referring to the 7-10 year business cycle, citing how long this bull market has been running, as justification for a real estate correction (expecting a crash like '08, not just a softening in demand/values, which would be pretty abnormal).

Thanks for the detailed response, for the letter justification did you typically work with your lender/agent on that or did you personally submit a note when you were contacting lenders?

The argument I made upon equitable interest vs legal interest is meant to show a possible rival justification.

From an empirical perspective, police officers are both well trained and tested to be psychologically stable, yet the stories I read about cops killing citizens without justification indicates to me that even in the hands of trained and stable people, they are dangerous.

Their justification for that is that there will be vacancies and other expenses that reduce the income.OTOH, I don't know many buildings with 25% vacancy rate, so they're being overly cautious.

@Tim YouseTim, I really want to know your appraisers justification for charging $785 on a SFH.

Your justification that my first project looks better than your first project is not a solid foundation to build your argument on.