Maybe you want a higher price, different terms, or some adjustments to the deal.It's all part of the negotiation game, where both sides try to reach an agreement that works for everyone.

The West end of the state (Williston area) has some major adjusting that it is going through due to the worlds oil market.  

FYI, right from the portal.hud.gov/hu...effective 9/14/2015(iii)Resales Occurring Between 91 Days and 180 Days After AcquisitionA Mortgagee must obtain a second appraisal by another Appraiser if: the resale date of a Property is between 91 and 180 Days following the acquisition of the Property by the seller; and the resale price is 100 percent or more over the price paid by the seller to acquire the Property.If the second appraisal supports a value of the Property that is more than 5 percent lower than the value of the first appraisal, the lower value must be used as the Property Value in determining the Adjusted Value.The cost of the second appraisal may not be charged to the Borrower.

At my position (insurance adjuster) it doesn't matter your degree, just that you have one.

I have also heard of other adjusting the rent amount of each unit a few dollars to be able to identify which tenant paid and which did not. 

Other people are adamant to complete ignore cap rates and look at cash flow or 5 year IRR, etc.Ultimately you do have to look at the numbers, but it seems like knowing the cap rate of a particular property compared to market cap rate can be an effective tool to understand if the asking price is right or if an adjustment is needed to get it in line with market pricing.Thoughts?

I wouldn't want my agent to give more comps to adjust the appraised value.

These markets are very management intensive and unless you or someone you are partnering with has experience you will might make too many mistakes and you will see that your pro forma go to hell.Now that being said if you have done your homework looked at the city's plans and this neighborhood happens to be in the "path of progress" it might turn out well however it needs to make sense now. 

@Carlos Webel my understanding is a landlord and tenant can extend, renew and/or adjust lease terms as needed.

Commercial machines also usually have a way to adjust the heat they use, this may also be a solution by raising the temperature.