For example, a seller might very well sell at a 7 cap but if there are operational efficiencies you can take advantage of upon your acquisition, it might not be a 7 cap. 

It worked ok, but definitely could have been more efficient.

Wow, what an amazing reply.Thank you for that info.I just wanted to say something that really is irrelevant here, but just an FYI.The people that have seen my posts around know I am a HUGE critic when it comes to DMM...What I disagree with is the underlying social agreement that says 1% is standard.If you take that as your norm, then how will DMM EVER get better.If you think about it, there is not a system (that I know of) with a 1% efficiency that is labeled  "OK".No ROI of 1% is good.

It seems you have a heat pump and if you use emergency heat either because of low temperatures or a problem with the heat pump there is a  higher cost because it is basically  resistance electric heat, not the more efficient heat pump.

Use your employees, your partners, and your contractors to work efficiently.

No BS fees and they run an efficient operation.

Other ways to do it is look at what the cost of adding an extra bedroom might be by converting or renovating part of the home or removing closets that are not functional to make the space more efficient and functional. 

@Ted LanzaroA self-directed IRA does not require a LLC, but for most property investments, it will be much more effective and efficient for the LLC to be included.A self-directed IRA starts with an account held by a specialty custodian. 

How to start What is the most efficient way to start?

A penny less than this and taxpayers are effectively subsidizing badly run businesses that should either change, become more efficient through automation, etc. or should fail.