This is not uncommon and actual more typical as it is based on sales price and even though the first appraisal was $130k the new one gets reset based on its recent sale and home prices are not up 10% over a few months.You are going to have a hard time getting a lender to use other comps compared to this home as it recently sold.

This will crash and burn eventually when real estate (temporarily) resets itself and reprices the assets down. 

This past weekend, the guests tripped the circuit breaker and neither the guest, host, or co-host knew how to locate and reset the breaker.

When you say "open rate" mortgage, we would say "variable rate" and the rate would reset periodically based on some standard index.

Which means, "immediate gratification".The only way to save this client and your sanity, is by resetting their expectations NOW or parting company.FYI: really do feel your pain!

And you use a cleaning lady who spends 5 hours to reset the property for the next guest.

Or could be as simple as current property is with some years on it and want to get out before cap-x starts eroding away things, moving into something that resets that clock. 

Talking of multifamily specifically, how is it that we are getting better cap rates if the prices have not really reset lower.

In Philadelphia, which is where I am located there was a recent re-set on rents that are significantly higher and suspect the increased rents will cause more investors to turn to the program which may cause more lease-up issues.

You then sent a follow up email on 04/05 at 11:01AM and then again at 04:23PM thus resetting your 5 business day window.