And any other creditor or borrower can challenge the opening bid amount, as it should be real costs and has nothing to do with any appraised value or perceived market value....unless someone is cheating and that is certainly not out of the question.

., is higher than it would be if they had to pay the electric themselves), so they will likely perceive this change the same as if you gave them a huge rent increase.

Many people don't want their houses to be identified as vacant (or even have signs in front) because of a perceived security risk.

But @Ned Carey, the lower the cap rate the less risk AND more profit is perceived by the market.  

If not at the same time, JV ownership stakes change relative to... the perceived contribution value of the new partner?

There is a lot less competition in the mail box (and a much higher perceived value) than an email.

I'm needing to make some minor fixes to the property, mostly cosmetic, and am being advised to fully rehab the bathrooms as these bring great perceived value to the property appraiser.  

I assume your people tell you "you're crazy" because of the perceived risk, ironically, I'd guess most these people have never left the US let alone been to Colombia. ;)  But as real estate investors it's our job to see things analytically and not emotionally. 

They'll adjust their loan offer to you to offset their perceived risk when they compare it to other similar properties in the area. 

Will the money that they receive be perceived as " Income " , meaning ..... will it show up on their taxes as " Earned Income " ?