Again, I'm a newbie, and I may eat my words in a couple of months after not having done any deals - we will find out together soon, I suppose :) Thank you for your input!

I am evaluating some of my first potential buys, but I could use some guidance to determine when a property is not a good deal because of the parameters of the property or when it is not a good deal because I am expecting to have my cake and eat it too. 

Well, as we get closer to the $300/mo cash flow and below - I have a really hard time trusting that my assumptions aren't going to 'eat me up'. 

Charge the tenant that price and eat the rest. 

@Alan E. At

they are usually paid for performance.. but some bigger outfits actually bring them in as employees with bonuss'everyone has to eat and pay for gas.

I don't disagree that Facebook is a lot of morons posting pics of food they're eating but those morons are your new tenants!

I am enjoying for the past 2.5 years the results of self development and Grant Cardone's teachings, knowledge of Bigger Pockets, Eating up all the books recommended by guest.

Eat it, keep the sale.

No wonder I burn my mouth when I eat one.