Here some samples from our good vendor in CA at Porcelanosa below.

Seeing 3rd quarter 2019 had zero sold, recognize this graph is on a small to very small sample size.This is like buying a $50k car that depreciates to $10k then due to an event (such as Covid) the car is now $20k and saying the car has not deprecated.  

The sample size is too small.

@Emily Anderson is there any data showing their sample areas?  

.: @Carlos Ptriawanyep great points.appraisals depend on comps and comps depend on appraisals... until someone comes along with a bunch of cash and sets the new comp. and in reality the appraisal is following the highest auction bid which makes new market 90% of the time in market where DOM < 10.Sample of these market are some zip code in Hawaii.

Quote from @Scott Sample: Hi Raffi,Did you end up working with them? 

Hi Steve,I am certianly no expert but I believe the P&S agreement on a Sub 2 is not necessarily entirely different to a standard P&S agreement but I have seen Sub 2 versions to have verbiage such as the excerpt in the sample below, in addition to all the other standard clauses/ sections - as with anything, I would suggest you run this past your attorney to confirm it works in your state/ for your needs.

. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.Entire Canopy MLS Area —Cabarrus County —Current as of June 7, 2024.

What's much more dangerous is coming in with guns blazing and getting yourself on the wrong side of a lawsuit.I have an admittedly small sample size of one with respect to inheriting existing tenants.

I talked to a commerical RE lender who does the Freddie Mac Commercial loans and his sample loan doc has the following language:Non-recourse to Borrower and Guarantor(s), except for standard Freddie Mac recourse carve-outs.The borrower is the LLC, and the Guarantor would be me.