Having the ability to adjust rents to keep your property occupied shouldn't be overlooked.  

Hi Svetlana,There are rules governing the methods used to determine what is called in Appraiser land FMV - Fair Market Value.Appraisers have to follow the procedures in their manual USPAP (Uniform Standards of Professional Appraisal Practices) normally this leads to FMV being determined on appraisals of property sold in the past 6 months.

Usually, only heating oil USTs associated with commercial properties are regulated. thus, most home heating oil tanks may and often are taken out of service without any oversight from state regulators.Second- the rules that are in effect for heating oil tanks are usually less stringent than for diesel or gasoline tanks since heating oil tends to thicker and may not migrate as far. as a result, many states just require tanks to be cleaned out. they may also require the tanks to be filled with sand or concrete to prevent collapse. but sampling may not be required.Third- the key to determining if a tank has leaked is to collect soil samples from around and beneath the tank (groundwater also if groundwater is shallow). another quick way to see if a tank is leaking is to "dip" it with a stick that has a paste that turns color in the presence of water. generally, if water has gotten into a tank, it can mean oil has leaked out of the tank (although a certain amount of condensation may be present even where there is no leak so this is not a infallible test).Fourth- if there is currently a tank in the basement, ask the owner if there used to be a buried tank (a/k/a underground storage tank).Fifth, If the tank has impacted the soil, the cleanup generally varies from $25K to $50K though the costs will depend ont he depth of the contamination. i once had a home with a heated pool that had pressurized piping and used diesel. the contamination went down 40 feet and the consultant went crazy excavating the soil to the tune of $400K!!!

Try and see what the current price trend is, if it is a multi-family what the tenant makeup of the property is (occupations/payment ability).

Exterior and Interior - Appraiser assess the exterior and does a walk through of the interior.Desktop Review- If the desktop review includes a review of the interior pictures of properties that have sold within the past 6 months to determine which properties have been upgraded (i.e. like our renovation) and which ones have not then it's a good review.

(So far, I have come to the conclusion that both products have great user interface, however I believe Tenant Cloud has a leg up due to the ability to manage on the go from your smart phone.)Can't wait to hear your thoughts!

If you spend months setting up your database now and then a few years entering client info what will that do you your ability to switch brokers in the future and what will it cost you in time (money) when you do switch. 

I would love a TRUE unbiased comparison of these tools to determine the best one to use. 

A lot of lenders that keep a portfolio of loans (usually the smaller ones) have the ability to do this.

I would also talk to my lender about how this would effect my borrowing ability.