It's on a crummy looking street in a good area (half the surrounding properties made my budding wholesaler Spidey-sense tingle), a healthy but not unreasonable bike ride from a strong tenant draw and stumbling distance from nightlife.

But I've been dealing with a reputable real estate agent that is telling me that a cap rate of 5% is not unreasonable...

Under what circumstance would vacancy decontrol with 7%+CPI per year allowable rent increase limit you unreasonably?

One recent New York decision found that “given the now widespread use of email as a form of written communication in both personal and business affairs, it would be unreasonable to conclude that email messages are incapable of conforming to the criteria of (the New York version of the UETA) simply because they cannot be physically signed in a traditional fashion”[2]UETA applies “only to transactions between parties, each of which has agreed to conduct transactions by electronic means.

You don't want it to be unreasonable so as to scare them away.

Immediately we ran down the basics of coaching tenant to relight the pilot, and with no success we had plumber out (the same day) and the problem was fixed in 4 days... long story short it was not the water heater, but a gas line issue which is why it took a little longer.My tenant is asking for a credit for being without hot water and I don’t think it is unreasonable to compensate but I’m at a loss as to what the compensation should amount to.Regardless of true cost of rent($500, $1000, $1500...), and of tenant demographics (single, married, family...) how would you personally (if at all...) compensate the tenant as a rent credit?

Asking for earnest money is not at all unreasonable (and a safer way to go).

Did they do something unreasonable or negligent to cause the damage?

If the person making the offer seems completely unreasonable, I just ignore and move on.

Sometimes the scale brings the cost down a bit so that it looks unreasonably low.