-Quality workers a worth there weight in gold.

A 3 year projection of the business.In my experience the deal itself and the re-pore you build with them holds more weight when talking to a privet money lender then it dose when talking to a bank (granted this again is on a case by case basses).

The market approach is the heavier weighted approach to identify the market value for sales and collateral determinations.

Worth his weight in gold.

You are estimating that the vacant space will lease out for $2.86 psf and therefore the weighted average of all your space rents at $2.37 psf.

How much weight do you put on experience related to property rentals?

Anything 5+ units uses the income approach and not the comparable sales approach for weighting of the value of a property.

Before you take step 2 do a gut check, pray, maybe talk it over with someone who's opinion you will give weight to in this situation.

She does not have that weight, but I do. 

This my general feeling....When you structure things correctly and things are going smoothly, paying  a PM 8-10% per month for essentially taking the rent payment, PLUS one month rent at turnovers is a HUGE waste of $$.When the sh*t hits the fan and things go badly or need a lot of attention, then a PM is worth their weight in gold IF you as a LL can't deal with it......I've only been doing this for 6 years now and only have 3 units and I have self managed them EASILY over that time frame..... nothing has come up that I cant easily handle myself with very little time involved.