The power of showing a seller with red numbers on a document is much more powerful than simply throwing numbers back at him.The fact that the bank will not finance the property at his number may also sway him.My recommendation is to NEVER buy a property that negatively cash flows, unless an experienced operator can turn around very quickly.

This stuff has worked miracles for me in some rental houses:  https://www.homedepot.com/p/Instant-Power-67-6-oz-Hair-and-Grease-Drain-Opener-1970/100169339

Your cap rate comparison is a great analytical tool for first pass comparisons.

Also in my county if it has been vacant for more than a year power is disconnected at the main, in order to get it turned back on electrical must be updated.

Your management company should use an analytical model that adds credit, income, job stability, and other factors to determine an applicant’s financial situation.You want to ensure that the tenant earns sufficient money to pay the rent, and that they don’t have a history of not paying their bills or significant debts.

So you may have a situation where the lender lacks the power to negotiate down the $60k. 

For example they may have been an expert in marketing or negotiating, a top performer, an accountant, a broker, a professor, very analytical (which always came natural), expert flippers, I could go on and on..

Sal Quintana, Esq.Quintana Law Firm, LLC6860 South Yosemite Court, Suite 2000Centennial, CO 80112***Response****:Sal,Colorado allows landlords to request satisfactory documentary evidence that an animal is needed for emotional support reasons, which my residential leases provide must be a mental health professional's letter that (a) is written by a specific type and quality of professional: active, licensed mental health professional, such as psychiatrist, psychologist, therapist or counselor having a masters in social work, etc. who currently treats tenant on a regular basis; and (b) demonstrates that the determination of tenant's need for the emotional support animal is based upon such professional's treatment of tenant over a period of time.

I was curious if anyone is currently using solar power as a means to advertise lower rental costs to new renters, or if the strategy of implementing solar to decrease rental costs has been done by anyone else yet?

This allows you to see exactly where you're at financially and gives you a clear sense of your buying power.