I recently got an op-ed published in the KC Star refuting all of the pathetic attempts to rationalize this increase.

Assuming she doesn't decide to back out of the deal in less than 7 years, assuming we sold the property, we could still split the equity returns at some predetermined ration.  

"Intrinsic value"  That's a new on on me for REI.Intrinsic value:  "A measure of what an asset is worth that is arrived at by means of an objective (there's an open ended word here) calculation or complex (in other words, filled with a lot of rationalizations to make the end number work in your favor) financial model, rather than using the currently market price of that asset". 

Keep rational and don't get emotional.

It should include the Address of the property, the legal name for said party.All parties involved, your business/name and sellers(all on title need to be here)It should include purchase priceEMD and how much (when is it soft, and when does it goes hard)Property ConditionPro-rations of taxeswho's paying for closingyour clauses, Keep your weasel clauses simple (1-2 contingencies(Clear Title and Inspection).Any state specific necessities Signatures and effective dateBut as I stated before, your lawyer can and should provide one.If you don't have the money for it or a contract, ask the investor you're locking up for.Account Closed 2 contracts. 2 Closings.Quick question to both, how did you find them and are you doing a value add by getting a discount?

Is it reasonable and wise to adjust the 1% rule in this way, or is it just a rationalization of bad deals that allows us to continue to participate but at greater risk.

I would also like to note there are multiple news headlines stating Florida has the highest Rent to income rations in the nation.

As Wayne said, you signed a document at closing, which was called "Title Company disclosure" or "Pro-ration Agreement" that you and the seller acknowledge that the pro-ration done for closing were an estimate and the best information at the time was used. 

This rational approach gives me confidence that we will overcome the inevitable obstacles.Honest and TransparentI need honesty and transparency at all times from my people.

But prices are low and the price to rent ration is great.