I'm having the same problem in the Kissimmee / St. Cloud area as @Account Closed is in Orlando. It may just be because I've just started doing this but I am entering the basic numbers that I have seen recommended here on BP. I have noticed we are at the peak or at least near peak prices, according to the charts I see on Zillow, for the properties I've analyzed so far. I'm mostly looking at $150,000 to $250,000 and seem to be able to make the numbers work if I take about $40,000 off the sale price. A few say the rent is lower than the average for the area but even the average for the area is too low for the price of the property (according to rentometer.com). It doesn't work for any of the rules I have read about. But as a newb I'm also having problems finding REAs, either I'm in too low a price bracket, they don't deal with investors, or don't follow up well. Best of luck to you and if I can be of any service in my area please let me know but again newb so may need some guidance.
