Now you just move on and adjust your business practices.

You'll need to make some adjustments and re-run the numbers.

You can adjust +/- $100 based on condition.

Seasonally adjusted demand for houses during the week of June 1 through June 7 was 25% above pre-pandemic levels.

I’ve heard other investors talking about this same issue, anyone have some thoughts on how to correct this(other than adjusting your ARV by 15%)?

Existing-home sales occurred at a seasonally-adjusted annual pace of 3.91million, the National Association of Realtors reported today.

This is an "AREP" which is just bank speak that stands for Adjustable Rate Equity Position.

So with 20% down my unlocked rate on LE says 3. 5% and I'm now adjusted to a primary residence .No points, just their standard underwriting $1,395 fee.I should add, I decided to coapply with a higher earning family member, based on my low W2 income, coupled with my rental income, since we both have excellent credit.

With that, yes it is a normal standard PM pricing structure to have a lease renewal fee, as the PM is doing an updated lease, negotiating rent increase, reviewing historical performance and advising on adjustments forward from that, and getting all doc's completed, it requires labor hours and therefore requires compensation.

We had interest from buyers at a higher price if we would agree to take it off-market and/or hold the property for them, but we opted to adjust the price and sell it as the uncertainty of the stay home order impacted near term sales.