You’d be shocked by how little actual screening many PMC’s do!

You should cover the mortgage and all other expenses, actual or projected.

Yes, I know that the Sold Comps reflect what someone actually paid, but I also want to see what people (i.e.

Your actual property taxes alone on that will be over $10K a year in 2025 and don't forget about that supplement tax headed your way.I would suggest keeping the others and maybe changing to LTR if that will give you consistent cash flows.  

Your realtor can give you all the actual sales comps to help you see the difference between the listing price and the actual sales price.I however do have a little contrarian advice. 

They actually could have floated a 6 cap.  

Most hosts in Chicago just pocket the full funds from direct booking, you would be in the very very small majority if actually paid city taxes on it.

The properties that are being sold here in Winnipeg almost all sell instantly as there is just not enough supply of homes.If the Canadian economy continues to worsen and rates continue to drop house prices will actually go up.

I agreed to handle one of their portfolios for free (he's actually still with us nearly 15 years later) if he would build out a system to help us build out the database system.

So actual benefit is hard to nail down until it's actually tested/required to provide protection in the event of a lawsuit.