If they aren't then I'd negotiate a lower price. 

Always remember that in your proforma the expenses could be different, if you can lower the costs (in my example, you might be able to get a quote for $275 per door from an insurance company, but this is in a later stage of your analysis).Hope that helps!

That’s fine if the numbers don’t work they don’t work but I’m wondering if a more experienced investor would go for this and settle for a lower profit.

I didn’t take the time to go to any mortgage companies after my wife was told in a real estate continued education class that the mortgage company didn’t do anything lower that $50,000.

Thanks for the reply, I did find that if you are a first time home buyer you can find qualify for a lower down payment loan.

I believe it is the Lower of their basis or current fmv.

This coverage is incase your home get "tagged" or possibly you have aluminum siding and the lower 6 ft get ripped off.

Some HOA's can be way overboard but those are few and far between.You might want to stay away from older houses and lower income tenants.

Lots of new housing units came to market, increasing supply and thus lowering demand.

Then there is the, what if your situation changes and now your limit is lower all of a sudden and you are mid purchase or mid renovation.