My guess is that there are NO similar properties in the neighborhood, so the appraisal compares apples to oranges.

Thanks for trying to keep it apples and apples.May I comment:  what about dividend compounding on the S&P ETF? 

However; it seems you need to make sure you're comparing apples to apples.

I would do these calcs on your own.I recall at some point in the past asking about their proforma sheet and they are trying to present an apples to apples comparison with other turnkey companies. 

I am using my Apple account for BP and a Mac OS but I also log in on a PC Windows 7 OS machine as well and my iPhone 5S.

The more specific you know what you want, the more likely you can compare apples to apples.Somewhere between:Hey Jake how much to throw a new outlet in the upstairs bathroom (???)

Do one task at a time in each app so you can compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.

You haven't mentioned anything about the numbers on either so I'm assuming price, NOI, etc are close to apple-to-apples comparison. 

This is the same dilemma a high percent of businesses have.YOU don't want to pay $20 per pound for apples, grapes and vegetables.

Do one task at a time in each app so you can compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.