We had 85%+ occupancy and higher than average nightly rates, and our financials supported our sale price of $417,000 in October of 2023- the highest selling condo in the entire complex.

Yes 100% pro-rate the rent.

While the easy explanation is that you have a superior property, from the appraiser and bank's POV, I could see them arguing that you will not be able to renew at that rate, and since your loan is outstanding longer than this lease term, they should not underwrite entirely to an above market lease rate.  

I've been using batchleads for over a year now and our response rate has been solid so I can't complain when it comes to data. 

Purchase price: $185,000 Cash invested: $45,000 Purchased as a primary SFH with low interest rate.

But am wondering if there is already a quality reservoir of information out there that folks are familiar with.Hi Arjun, I am from Colombia, and I have invested in real state over there, however I have lived the last 6 years in Spain, I exactly arrived when the economic recession started :/ However, living in the South of Spain (La costa del Sol , Andalusia) and observing how the prices have tragically decreased through the years I have finally decided to get into the business here,..

It honestly is the only way we can still acquire property in this high interest rate environment.

Such as focusing on efficiency and getting units cleaned up as to decrease turn around time for vacancies.

Trying to get the better rate at closing or general appreciation? 

If rate come down and  you refinance out of current loan, another appraisal will most likely be done again, no need to pay it twice.