As a property manager for over 5 years, I definitely know that it can be a tough and thankless job at times.There are specifics in your post that I won’t go too much into here, but I think a professional property manager would handle some of these situations differently.

If I would not consider fighting this, it means few people would.I hope you knew this could happen as part of your due diligence when adding the JADU  Good luckThank you because it validates exactly what we were thinking. 

This means if your friend offers $500k in “cash” for a property the appraisers think is worth $400k.

(I think the real ratio is about 50 bad ones to 1 good one!)    

I don't think it's a bad guess, but I also wouldn't expect that to be realized with an investment horizon of less than 5-7 years.

If you are legitimately trying to start a real estate business, I couldn't think of worse advice to give you.

I am thinking of installing one in a studio apartment.

From my reading of the article, I do not think this is the applicant getting a credit report in hand and handing it out to potential landlords.

These were not our top 2 priorities but we're in the process of doing our due diligence and knowing all of the major and minor things people think we should look at will help us make sure we don't miss anything. 

I'm thinking of hiring virtually from Upwork, Fiver or Onlinejobs as opposed to some of the bigger SEO companies just because of the price difference.