FMV OF Rent - How low do you go?

[DTS]

Check with property mgmt companies within that city or county.They have been very helpful to me in the past.

[joanmcq]

If it seems low, well, are they renting to their kid? Their mom? Then I might check it out. But since I'm a landlord, I kind of have an idea of rents, at least in my city.

I might ask if it was rented all year if the total rent seems low. It's not unusual to have a place vacant for a month or two between tenants, or longer depending on the rental market. So, it depends. I like to chat a bit with my landlord clients anyways, though.

[taxea]

How do you verify that TP is asking FMV on their rental? Are we really expected to research this? What do you do?