I think Mike actually has the right idea and that is to pull these gas furnaces and put in electric baseboard heating.

You can use Realtor.com to pull MLS listings of rents anywhere in the country.

Or is your realtor pulling the comps?

How can I pull that off?

It is a cost of doing business that is paid by the consumer who ultimately buys a product or service from them.A natural person is the only entity in this country that is prohibited from passing through all taxes to someone else.

Based on the comps the realtor pulled, the price per square foot came out to $54.

Personally, if the property cashflows positive I would do the deal if I liked the area and the property does what I want it to do (IE cash flows good, or has equity to pull from for other deals, or ready to flip with minor work) Have you considered using a 30 year note instead of a 20?

If you have the cash, I would suggest (after seasoning of 6-12 months - check with lender) to pay the cash as you have then do a refi loan (pull the equity out up to 75%-80%).If you need more help with this, contact me and I will put you in touch with my lender.

It seems like the natural tendency for people is to increase consumption as our incomes increase.

Pull the corncob out of your rear end and lighten up.