They could have one unit that's actually set up as a 2-bedroom and is recently remodeled that they get $850 for and another that's a dated 1-bed and only $520.

Hope future lawsuits help set more precedent that prevents even mild predatory selling tactics.

They never tell you this in the get-rich-quick buy-and-hold seminars, but there are simply a LOT of people who do not have and don't want to acquire the mindset and diverse skill set of a quality property manager.I also tell new investors to go through your first eviction with your lawyer.

I know that @Scott Trench goes into great detail about this with @Mindy Jensen on the BP Money Podcast and in his book Set For Life.

I currently have a duplex in which I pay for water as that is how the previous owner had things set up with the tenants.

The appraisal came back within $7K from my ARV estimate and I thought I was set. 

Please feel free to message me and maybe we can set up a call. 

Set up your key words and include "Raleigh." 

Let's start with setting market rent: If you are a tenant, how do you determine what a property is worth to you?

My first one i was in a basement type setting i thought i was going to be in a fancy hotel before i got there the guy i was in contact with misguided me the directions so i was already off to a bad start, then i told him what i wanted to get into and i said wholesaling and flipping but this event all they spoke about was a lot of the legal stuff and how to get loans and use other peoples money no money no credit never explained much else, so i didn't really find anything out of that.