*this post does not create an attorney-client or cpa-client relationship.

In my experience dealing with thousands of clients and reviewing many potential transactions involving disqualified person the end result was a prohibited transaction.

@Rich Thomas started out as a client and ended up as a friend!

Is he an investor himself or does he have lots of clients who own real estate?

My rehab clients source from wholesalers or their network - after you get a reputation for flipping a couple, deals will get brought to you all the time. 

I have had clients come up with all sorts of stuff days after closing and my answer has always been the same.

I also feel that the knowledge I gain from doing investing benefits my buyer/seller clients.

My PM has advised me that they have a different client who has successfully fought the appraisal, but it took about 3 years, and probably cost a fortune in legal fees. 

@Justin Feldstein this is primarily what we do for our clients. 

Second, your PM should be providing you with an analysis of market rent, they have access to what their other clients in the area are currently charging.Once you have a solid market rent, your PM should let you decide how much to raise rent, unless you want to hand that over to them.