Jason,That is the conclusion I've gotten too from the other posts as well. 

Glad to see your reply, that is also the conclusion I came up With.

But, I would caution you not lump the local STR's in with this conclusion. 

@Keifer Zhang Check truila map.When I started real estate I was also very scared of buying a property in a crime area, I lost a great deal because I got cold feet (locals were telling me about a city in the area that is not safe, literally everyone, and thats why I didnt buy it).I came to conclusion that everywhere is diverse, even cities with high crime rate will have REALLY NICE AREA WITH LOW CRIME.Lesson learned, the best evaluation you can get is walking/driving the neighborhood by yourself, Ask yourself, do you feel safe?

And I'm not here to bash any company, I am here to express my viewpoint and let other people make their own conclusions.

Commencing on the date hereof and ending on the termination of the business of the Joint Venture, all profits and Losses to the Joint Venture shall be allocated as follows at the conclusion of each transaction.

Appraisers hate people like me and real estate agents because often we just want them to hit a number and STFU, by contrast you are actually going to value his opinion and how he reached his conclusions - appraisers are hired to offer opinions, but it's rare for anyone they speak with to actually care about those opinions.

My conclusion is perhaps bubbling but no popping yet.

I'm no expert so, this could be incorrect conclusion on my part.Still looking for a viable solution to give me a solution to both manage the property manager tasks of my business as well as give me feedback on how I'm doing as an investor in my properties.*

From my years of experience...and experiences, I have come to the conclusion that analysis paralysis is usually caused by one of two things:1 - Analysis doesn't show the desired results, and the REI keeps analyzing to find a property that does.