That a lack of criteria is like throwing darts at a barn and hoping something good comes out of it.

You can buy a stock, in lets say apple or Microsoft, but that doesn't give you a seat at the table of CEO, CFO, COO ect... but In syndications, you can talk with the managing partner and get all the information, strategy, and experience ect.... 

So it's not apples to apples. 

Just be sure to do your best to compare apples-to-apples, not just with beds/baths/sq ft, but also quality of finishes.Then present this info to the tenant and ask them what they think a fair increase is.Strategy is to show them they can't find anything else at the rate they are paying.Of course, at least 25% of the time they will claim they can't afford any increase.

Pointing back to #1 above, let's first make sure that we're comparing apples to apples or at least to some other fruit.

Any good opportunity can attract bad apples, but here, they don't last because the culture is being of service and making a difference.

The problem is when we got a survey done for the buyers, it showed that a barn mostly on our property has a corner sitting on the neighbor's property.

I took your advice to mean they are only getting paid on their fees, not the rate charged.Lenders make their fee 1 of 2 ways typically.Lender paid compensation= the lender/broker fee is baked into the interest rate (most transactions are done this way but it makes it difficult to understand the actual base rate of the lender because they may charge more or less than other lenders so the comparison is not apples to apples).Borrower paid compensation = the comp is paid directly by the borrower as a line item in Section A.

So, be sure you are comparing apples to apples in projections, since they are not all created equally! 

@Davis Barnes I’m in upstate South Carolina.