If that could be turned into money, please let me know, LOL, we could make a ton in the forums identifying them but it becomes the job of regulators, not citizens to profit from catching the bad apples.

Also, the appraiser used the "Ellwood Formula" and I have no idea how that is calculated so I don't think I'm comparing apples to apples here.This is the direct quote from the appraisal:The subject property is an older, multi-building property.

We have been looking for multifamily properties in Escondido, CA (to live in a unit and rent the rest), but also are interested in investing in properties in the Inland Empire area (mainly Apple Valley, CA and Hesperia, CA) as the entry price is cheaper there.The ultimate goal is to work towards owning a large apartment complex and building a property management company to operate the property.

Any inspections required by buyer were with notice and the buyer was my insurance agent or contractor that was giving me a bid and the buyer knew this ahead of time and did not upset the apple cart with tenants if they were home during an inspection. 

Yes, apples to apples.

, it is like anything, a few bad apples spoil the batch.

Hence, when do you get quotes, make sure you are comparing apples to applies and they have all the same items including replacement costs, liability coverage, deductible etc.Additionally, I highly recommend that you have at least a mil liability coverage on the home owners policy if its residential.

However I did have close to 20% increase on a commercial plaza.When shopping around, just be sure you are comparing apples to apples - from my experience some providers that like to advertise very low rates do so by cutting pieces of amounts of coverage that you may want.

Check out Apple, they are one of the most cash-rich companies in the world.  

Just for reference, I personally think that the $100/door metric is only usable in a given price point comparing apples to apples.