That approach (which can occur subconsciously) is very dangerous.If this is your first foray into a remodel of this magnitude, I'd aim for some type of extended due diligence period where you're able to truly determine costs (or at least get within 15% of projected cost, knowing you're comfortable with a 15% swing in either direction).

As you grow if you continue to use this approach it will be tough to manage.

If you are having trouble reach out to investors in the same market, talk to some flippers and or Realtors they should have a pretty good idea of what the home would sell for in that particular market and usually as long as you approach them correctly and work to establish a relationship with them they will generally share this knowledge.  

For the record: "The monthly S&P CoreLogic Case-Shiller Home Price Indices use the “repeat sales method” of index calculation – an approach that is widely recognized as the premier methodology for indexing housing prices – which uses data on properties that have sold at least twice, in order to capture the true appreciated value of each specific sales unit.

It will also [eventually] change the way we approach education.

If your lease doesn't specifically address this, I recommend a two-step approach. 

Townhomes can be great for those looking for more of a hands-off approach, but can be frustrating to those who want full control over their property. 

. - Having been in the stock market for several years, I would agree with your approach, as I have felt for the last several years that the stock market is overpriced, and even today, continues to be overpriced, predominantly due to the inflation of unprotected 401k plans, many new investors entering just to make a quick buck, and many companies having done away with "protected" pension plans. 

The two things mentioned were waiving late fees for a period of time, and deferring payments.I chose to go with the payment deferral approach because it provides the assistance they need.  

Moreover, upon disclosing this information to the operations manager of the tenant space below, he was only too quick to respond that a number of company employees had allegedly been home sick with the flue on more than one occasion over the past three months beginning November 2019 that had yet to end as it was fast approaching the end of February, 2020 at which time we were conducting the PCA.