I had a lease option contract with the owner at a discounted purchase price ( $120,000 ).

Sure it will cost more and take longer but consider it the price of your education.Other than that your option as others have point out is to find the money to finish it off the books of the hard money lender, sell it or refi it and pay off the lender and move on.

I wasn't sure if Price Labs does that either, as far as I can tell it doesn't.How can I solve this need?

We recently had a deal where we initially didn't bring up seller carry, but through building rapport and consistent communication with the seller, an opportunity presented itself.

I tried to find the best house in the best neighborhood with the best price with the best tenant.

Quick thoughts on the markets you're considering:Knoxville, TN: Growing, affordable, and a strong university presence.Huntsville/Montgomery/Tuscaloosa, AL: Huntsville's got tech, while Montgomery and Tuscaloosa have colleges.Asheville, NC: Popular tourist spot, but competitive and pricey.Akron, OH: Affordable, but keep an eye on the local economy.Irving, TX: Part of DFW, so a big market, but prices are higher.St.

That is a problem as well as an opportunity.  

That's what might be priced better, but with no experience and a plan to leave you don't want cap ex.

Purchase price: $182,250 Cash invested: $73,000- Residential area that is close to University of Rochester- Spent $20K in renovation of the aged unit and increased the rent from $750 to $1,450. 

Purchase price: $248,000 Cash invested: $12,800 House hack I was able to make around $100 a month while living there.