It doesn't necessarily mean that they are better, or inferior, or the same, but simply that in their business process they are utilizing that filter.  

First off, if we have differing views on what's fair, I'm defining not knocking yours as inferior on any metric.

The appraiser noted that Hazel Park Schools are inferior to Ferndale and therefore he will only select comps with the criteria, “located in Ferndale, but in the Hazel Park school district”.

If this is a D or F neighborhood I think it's an inferior deal.

BTW your real risks very likely won't come from the properties you manage (unless you are selecting some real dogs properties with a commensurately inferior level of management), but outside activities (e.g., say you get silly drunk and kill while driving kill a whole family of doctors in an SUV).In conclusion, let me borrow from WC on this one (i.e., the need for an LLC by mom and pop landlords as the vast majority of us are).Never in the history of mankind has so much been wasted, by so many, for so little.

Almost all inferior liens are wiped out, IF the trustee provided proper notification to the lien holders.

Granted a second position loan is better than an unsecured loan, but it’s still inferior to a first position loan.

In addition, Loopnet seems to me to be inferior to my local MLS in a lot of ways. 

The appraiser must address the impact of inferior quality garage conversions and room additions on marketability as well as Contributory Value, if any.

For example closer in proximity, closer in sale date, do any of the appraisers comps fall under the "Inferior to subject property" and list reasons.