Since this tax is $800 per year, that really eats into my cashflow.

That can really, really eat into your expected returns.

Depends on how much the HOA will eat into the cash flow..

Eat or be eaten .

You can spend a lot of money on little service calls that eat away pretty quickly at a cash flowing property. 

When you are withdrawing from a mutual fund, you are eating away at the asset. 

Just post a image capture of the numbers.Taxes are going to eat you on that property, but then again so will any other property.

BUT taxes and HOA fees are really eating in to our income in the last few years.

If its a group we want to host - we just tell them "Unfortunately, for insurance purposes, we're required to collect an underage rental fee of $250 for groups under the age of 26 - we're willing to eat half of that though if you can pay the $125."

I don't like salt because it eats up the concrete if used too heavily.