With a tenant occupied multi-family it's an iffy situation where I may be able to see only some of the units but not all, then it's a bigger leap of faith.

I am now making the leap of faith into marketing for deals.I have begun with some test mailing campaigns to measure the response rates, etc.

They truly believe that $1K or $3K is plenty and shows good faith.

If I may offer a suggestion, I ask for a good faith deposit when I issue a term sheet to a client.

You are just along for the ride, putting your faith in others to make your asset more valuable.

When the buyer has to buy, it has to appraise, setting the price where they don't create any equity based on a future appraisal is predatory, putting the buyer in a position where they can not succeed under the terms set, being predatory, besides having legal issues, such is unethical, not really dealing in good faith.

If you don't actually have a partner that would be known as dealing in bad faith.

I posed two questions awhile ago I asked is there life after modification for investors, I had one faithful BP mod respond, second I asked this question 7 years ago of Henry Savage a columnist with the Washington Times Home Guide.

A walk by faith.

My good faith estimate (GFE) appraisal fee was $450.