We've been renting the condo out (for ~$2000 - a little below market value, but not much) and losing money every month since that time - PITI is $1900 but HOA fees are  $450 - it's not a big loss compared to my salary, so I was justifying it based on appreciation.  

Flips at the likely price point in our market usually don't carry a big enough profit margin to justify the risk when there are better options out there.  

Lower expenses and vacancies will justify a higher price.

I am sure that most of it is justified, but they are still a client and until they prove to be a bad client, I can't see treating them poorly.

You don't want to pay more than the local market can justify.

They really don't do much other than the title search (sometimes they add crap just to justify their fees, which makes it worse- I've literally told them they were being silly at a closing table before, which is kinda fun, they really dont know what to do when you call them out on that kinda thing, they're so used to people thinking they are the all knowing OZ because they have a JD), but I pay them anyway because it adds a lot psychologically to the sale for the seller.  

This can be very expensive and is usually the worst choice because you can't justify the cost.2.

This might be slightly influenced by the seasonality but in many cases still doesn't always explain/justify using this method to get an accurate occupancy rate for a subject property.pros - I like this method for getting an ADR. 

Some properties are marketed as being in the West End but they’re actually a lot closer to Cranston Street and not-so-great areas.The most important thing is to learn how to analyze a rental property so you can determine if the price is justified by the rents, yourself.

If you are trying to build equity (grow wealth), the strategy would be a drag on your efforts.From perspectives other than growing wealth - such as retirement or taking a year off with the arrival of a new child or the trip of a lifetime - there may be quality-of-life benefits which justify the approach.