When you say a 10 year period, I am assuming you mean a 10 year period for your IRR calculation.

Sometimes it'll say a property sold for 150K when it really sold for 100K. 

I guess I'm curious what your own threshold is before you say as the property owner "just replace the damn thing, eat the upfront cost, and stop sending someone out there to unclog the sink."

We can look at a low dividend stock like an insurance company, versus say a telecom with a high dividend. 

@Jack B.ANYTHING, as you pointed out, can be faked.BUT... if you are doing that for an apt, you risk committing a crime by falsifying information.So, let's say a tenant has the following:- NO CRIMINAL HISTORY from the Report- HIGH CREDIT Score from various sources- Qualified and Verifiable Income from their Employer- NO EvictionsAfter checking all of that, they then submitted a FALSE 6 months bank statement?!

I would say a year is somewhat common, but that is not much time.

When I say a lot of work, I mean a lot of work.

Their title company will say the title is CLEAN but they will secretly shove the defects in the EXCEPTIONS section and will try to say as there's nothing wrong.

So much so that my kid dropped her have eaten sucker in the back seat of his SUV and I didn't say a word.

I don’t agree with this per say as an agent because I would not operate this way, but you may have had a better chance of getting the property if you used the sellers agent as your agent as well.