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Whatever figure is proposed, record the agreed rent, effective date and other terms clearly. Do the same with inspections and any deposit-related condition evidence. A friendly relationship benefits from precise paperwork rather than relying on everyone’s memory later.

My reaction is that 4.3% gross looks thin because every deduction comes after that. I wouldn’t rely on future price growth to rescue weak cash flow. That doesn’t make it automatically bad, but the building condition and location would need to justify accepting a low current return.

Seller motivation may explain the mixed signals. A seller testing the market can wait 118 days without changing much, while another may cut quickly for reasons unrelated to the wider market. I would tag each listing by price-cut history, withdrawal status, condition and tightly drawn...

A practical route would be to open one local-board discussion with a simple comparison table: asking price, completed price, known transaction costs, financing assumptions, management costs and renovation allowance. Leave unknowns blank rather than estimating them. Members can then challenge...

Price-cut timing may explain more than the headline days figure. A home that sat at an ambitious price and sold soon after a reduction tells a different story from one that needed no cut. Seller motivation matters too. I’d record original ask, dates of reductions, final price where available...

One caution: a completed price is not automatically the better number if its context or provenance is unclear. Ask how the figure was obtained, what date it relates to, and whether it covers the same property interest being advertised. Market data can look precise while still being unsuitable...