Appraisers are using MLS data and often it is lower than actual rents. 

This level of scrutiny drastically reduces the risk of renting to unreliable tenants.Realtors vs.

There are places that are tenant friendly and then there is California which is at another level completely.Have you thought about buying elsewhere? 

This can then be used as a negotiation chip in order to lower the price of the property.

If your current lender is open to restructuring, you could negotiate better terms (lower rate or extended term).

Quote from @Marcus Auerbach: @Eric Bilderback - there was a time when I felt I really should "gratuate" into MF, but I never did and I wanted to or thought I wanted to at one point try and get to that level 100s of units. 

The income amounts look to be long-term rental (which they are and came in 30% lower than what the STR average did) and 2. why did the appraiser look at homes 20 miles away to compare to when there are PLENTY of rentals in town...

In that they will detail the scales they use, including at which level of renovation it's possible to get things "reset" so it is appraised as if it is a new built property.

I’m very glad things didn’t work out.Lastly, Zach’s partner, Daniel, who seemed to be a more level-headed individual didn’t help matters any.

If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense.