(A recorded trustee’s deed [or similar alternative] confirming the amount paid by the grantee to trustee may be substituted for a Settlement Statement if a Settlement Statement was not provided to the purchaser at time of sale.)The preliminary title search or report must not reflect any existing liens on the subject property.The sources of funds for the purchase transaction are documented (such as bank statements, personal loan documents, or a HELOC on another property).If the source of funds to acquire the property was an unsecured loan or a loan secured by an asset other than the subject property (such as a HELOC secured by another property), the Settlement Statement for the refinance transaction must reflect that all cash-out proceeds be used to pay off or pay down, if applicable, the loan used to purchase the property.

I was seeing very little realistic discounting of properties to reflect their current economic performance.  

Both have rent for between $600 to $700 One needs some TLC but the price will be reflected.

However, while the site doesn't currently reflect all our expenses, that doesn't mean we don't disclose them to potential clients.

Also if you are in a great area why have you not adjusted your rents to reflect that? 

Anyway, I'll just be making it rentable for now, then really gussying it up next year.)The idea of getting insurance requoted also made me think that I might want to do that after renovations, though it will presumably increase my insurance, it will also better reflect what is in the property and its actual value should something happen.One thing you mentioned was washer/dryers in the units. 

But you are buying a bit of a fixer if it has been a rental for 8 years, so market value should reflect that.

We actually end up paying less to lease my Audi Q5 than it costs to own my wifes VW Jetta when factoring tax savings and maintenance savings. ( All my maintenance is included in my lease)a cute movie that reflects this is Tin Man with Danny devitto  they are 50s siding salesmen.. and the front of the office is one caddilac after the other lined up.when I grew up in my dads land sales business the ride of the day.. was a Jeep Wagoneer with the faux wood paneling.. but now a days you can buy a nice new Mercedes small one for under 40k.. 

We are on 70/30 splits with ZERO fees, tiered splits for top performers, tons of software, digital phone system that rings all agent's cell phones at the same time giving everyone equal opportunity to capture leads, online "cookie jar" lead distribution systems, quarterly brokerage sponsored parties for clients and vendors, employee appreciation parties, 3 huge reflective yard signs, open house signs, and lockboxes paid by brokerage, opportunities to mold our systems to whatever we want as soon as we come up with a good idea, but the best part......the feeling of family and support we have for each other despite the competitive nature of the industry.

The quality of the deals tends to be sub par which reflects in the exit values.