Besides, a newbie should not be starting off with large and complicated deals which require such advanced advice to merit such a fee.Looking at this from the newbie's perspective, you would not have got the deal if the newbie had not found it and brought it to you either.

They found discrepancies on the original appraisal that merited a new one.

Freedom to succeed or fail by my own merit while helping renters and my community.  

When they are, it'll be listed.My recommendation is to ignore thus property and direct attention to opportunities with merit.

Angels get to know you, your vision and your deal/product/company...then they decide if the total package merits VC funding.  

I agree with both of you ;-)...which is to say that both arguments have merits.

This legitimately sounds like an actual consultation relationship as it is for evaluating the merits of a deal and it is a flat fee.

First of all, you can be sued for anything but will it have any real merit.

A couple of things to consider in addition: building on Marc's advice to face the fear and deal with these issues head on, his partial joke of bringing Bubba along with you holds merit.

My belief is based on the fact that I don't believe the average cost of a toilet is all that different whether it's here or in another state.If I budget 10% for CapEx/Repairs on a $1500/month 3+2 in [pick a state] vs. a similar 3+2 in my area that rents for $3,000/month, I do not believe that item in my budget for my area merits a 200% increase.