There may be habits that created this number and you need to work through it as well (not saying anything personal, just generally speaking). 

This is also part software sort of speak, it gets updated with new features...there is work to it, idk if that labor required is intrinsic too maybe.

Bam, now I can in fact somewhat speak "in general," and I can say that with a fair degree of confidence BECAUSE I've zoomed into that one thing.

@Spenser Harding you are right on the money, and speak from the perspective of someone who has invested using a variety of methods + gotten in the trenches with a BRRR.

Hi Sharad, I would speak with the lender directly to see what your options may be. 

The current lease speaks to the fact that the house has oil heat and it's the tenant's responsibility to pay for it via a contract with our chosen provider.

I can't speak to the other markets you listed but they are typically compared to our market here so I imagine they're similar.

If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.

For those who invested in the PPR fund with the idea of trying to get into the note business, it is to those I speak.

Yes, none of those things are "natural" so to speak but it is the least of all evils.