Next, ask them if you can inspect the property for any damage prior to agreeing to the payment amount.

So here it goes....I bought first single family home (2000sqft) 2 yrs ago in Cedar Park, TX area during peak of market craze at 5% 30yr fixed for around $540k (spent about 10K more replacing hvac etc) with monthly payment of $3600-$4000 and the market corrected sharply to a point comparable homes are not selling even for 440k with a nice pool in them.

Just because comps are .5 miles apart on the map doesn't mean they are comparable.   

having been a Broker for 45 years I am all for paying the commissions  but add on like this not really unless its fully disclosed prior to working with them and we agree on it..

@Pete Schiebel check what a lot of your rent comparable properties are doing in the area, as that will dictate it a lot.

I strictly use them to trade into places I really want to go and I can never, ever beat the price I pay for a week as compared to normal rentals rates which are three to seven times higher per night.  

You can then compare what you're doing to the PMC and even use the PMC as an emergency backup as needed.

Are you looking to tract project progress compared to your estimates?

If the prior landlords confirm he was fine, I'd rent to him. 

It also runs through Buena Vista and Elizabeth Park which are both different universes compared to Germantown.