This home has been highly operational with high rates of occupancy, bringing in anywhere from $500-$1500 a month in overage beyond our monthly expenses.

The problem is, none of it is based on actual comps, and again, the word "cute" doesn't have anything to do with setting those numners.What you need to do is a full analysis of the comps for both rent and sold in your area. 

Hope this helps!

@Marlon Fong - Could we please move the post in question back to the Syndications section? 

In the end, the net profit to myself would be higher using a loan versus giving up an equity split, and less complicated.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

The FMR in that zip code for 3 BR units is $1,590.Thank you!

What else can I do in this case to dispute or to make things easy now that I already renovated the apartment.

My office scans them and uploads them to an owner portal where they are accessible forever.

If she is worried about her gas bill, she apparently can't afford to live in this unit.