So, we'd have no problem politely, yet firmly, asking the tenant for proof of their son's death.We'd also politely tell them we'll start the eviction process when they fall behind on their rent, but are open to consider an acceptable payment plan proposal from them to avoid an actual eviction.

For a short term rental you also have to consider an amount for furnishing and management. 

Trying to find what I consider an "acceptable" deal. 

Now consider an HVAC going out. 

However, many also consider an expense ratio and are handled differently. 

Consider an 18 month lease: 6 months of ramping and 12 months at the new level.

Also consider an adjustment may be needed because the market is priced differently around you than it was for J Scott.

What else do you consider an alternative asset?

I'll definitely consider an early appraisal next time I'm working on a property with few comparables. 

Consider an example from my home state of Illinois.