:protest: Am I being unreasonable here by choosing my own team to conduct inspections of the property WE are purchasing?

Am I being unreasonable to think that this rate is ridiculously to high even with todays rates?

The only factor that I should clarify is that I would use cash on hand to add that additional bedroom (and remove an undesirable tenant), which I hope would add something to that valuation — I've read the 11% range is not unreasonable (*please comment on this, anyone who's done this before).

We often have no pool and an unreasonably large cleaning fee.Like the bedroom that looked nice in the photos is sooo small that you can not open the dresser drawers or walk around the bed. 

Am I being unreasonable at $155K? 

Six figures to try a case is not unreasonable, particularly if you've got a hungry plaintiff's lawyer who sees recoverable assets.  

You are asking a third party to make you whole from any losses that you should incur through a lack of due diligence on your part - you chose to forego a title search & insurance procedure before you bought, and it would be unreasonable for the insurance company to protect you against claims that you could have/should have known before you spent your money. 

I don't think it is unreasonable to expect when a phone call is scheduled for the them to either call me at the established time or answer their phones when I call.

So 4 months is not unreasonable, 9 months sounds excessive.There is no limit to the number of ways a partnership or JV can be structured.

A note isn't a revolving charge card, accrued interest doesn't bear interest over the term until defaul when all amounts owing may accrue interest until finally paid.....but then you have the interest accrual rules.BTW, also check the usury laws for any second on residential property mortgages.As Rick Harmon mentioned, the consumer loan can put you into loan mitigation requirements, you can play the give and take game, expecting less, but don't think your initial demand can be unreasonably or improperly demanded, because that will matter if there is litigation.