Might be formatting (they want margins on the paper of certain size and other things), might be the date of the notary expiration or placement of the notary info (or lack of notary being used), might be they want to see a POA.

At the price you mentioned, there's no real margin in there for repairs, holding costs, and closing costs.

It seems that a 30% profit margin is getting smaller and smaller.

We are able to do very well within our small margins as we focus heavily on good landlord practices and cost control.Don't forget to check out the blogs and podcasts.

We have small margins so we have learn to be very efficient.

In the end, I financed my way out of trouble, but by narrowest of margins...I didn't think I needed to pay for education.  

Our margin are smaller,but the tenants are paying off the houses not our downpayment. 

Even though short sales are harder to pull off now, doesn't mean it can't be done and provide the margin that you are looking for.

I certainly know an owner must be able to withstand prolonged vacancies but as I mentioned before, I don't have any margin in this property.

There are a variety of these available, from very low risk to higher risk, and I feel they can provide the 6% risk-adjusted margin you seek.