Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept).

RE agents, like minded investors, neighbors, even opinions at zoning committees don’t count.

My log shows only four 229 calls since 8/2022, with the most recent one in 10/2023.One call shouldn’t count: alleged IRS debt relief.Two with no useful intell.One is a confirmed (alleged) “Homebuyer’s Inc.”

I think it might help some seasoned landlords answer your question if you share details about your rental like bed/bath count and sq ft.

Further, the property manager is counting on the MLS and other agents to bring prospects, which seems like a bit of a passive approach.

At the same time, I am not counting my pennies or tithing on spices and being legalistic about it.

I beleive whether they count your paper losses as actual losses or not is determined if your lender has any overlays or not.Someon ccorrect me if I am mistake. 

Mitchell, I always encourage people to take action BUT I also try to ensure they count the cost before they move forward. 

It depends on too many factors to only work off of the 70% rule, just like you can't just count on the 1% rule for buy and holds.

Comps for appraisal disputes typically need to be more similar (size, condition, bed/bath count), more recent, and /or closer in location than the comps used.