OTOH, it would be very disappointing to spend $5K only to have someone provide me with an analysis that still doesn't do much better (or as good) as what I can do on my own if/when I'm able to find the time.Thanks,-Ken

This was very disappointing.

Its just disappointing that people say they will not do something and then they do.

Expect nothing and you won't be disappointed.

So I called the tenant and he was understanding but disappointed.

This disappointing approach seems like something which wouldn't happen under Josh's watch.I have nothing against anyone wishing to generate income.

I can understand if a referral agent didn't make any money because they didn't refer many people, but it would be very disappointing if a referral agent referred many quality leads but still made no money.

I say its great that they were able to make it but hate see the disappointment in their eyes knowing they cant do it more often.

That would certainly be disappointing. 

Both the seller and his agent know that the rents are ridiculously low and im positive all the tenants are expecting rent increases, I think increasing by $10/week every couple of months will ease the pain for them, I dont mind covering some of the mortgage for the first 6 months or so, even if the tenants decide they want to move, they will start looking at current rental rates in the area and they will be sadly disappointed and will most likely end up staying anyway especially if i entice them with updates on their units like newer flooring and appliances because some of the stuff is out dated.