Vs a random notice just saying a # with no justification. 

This creates a distorted marketplace where perceived track records are inflated and investors are misled.There is no operational, legal, or economic justification for awarding GP titles for tasks that can be clearly defined, properly compensated, and fully disclosed as services.

The usual justification is that tenants are just going to ruin it anyway.

What I would point out, however, is that renters insurance should be required to be in effect as of move-in in ALL cases...not just if they have a dog.

My guess is this friendship is over from your post.Failure to return the keys is not a justification to keep charging rent.

It may not be a lot of money generating but it's like a cushion cover just if consider being landlord for one property in the future, maybe it will cover something if anything fails at some point.

Generally people are getting appraisals when they buy (I guess you could question the accuracy of that if you wanted to) so there should be good justification for allotting land vs structure value.

I never said appreciation shouldn’t matter — only that it shouldn’t be the primary justification for buying a bad deal.If appreciation is the onlything making an investment pencil, that’s speculation.If appreciation shows up on top of solid fundamentals, that’s investing.4.

And follow up with findings and justification for offer. 

If you are raising rents and not repairing anything or getting stuff fixed in a timely manner you have no justification to raise rents.