I'm curious how people evaluate income taxes on top of the monthly cash flow to determine if something is a deal they'd move forward on or not.  

I also walked with my appraiser as he did his report to make sure he knew all the upgrades I had made).For 5 units plus the appraiser will most likely use NOI*Cap rate to evaluate a fair market price.

They are different beasts, both with the ability to earn from, but different.As you evaluate each property and the financing situations that you can be in with them it is awesome that the current interest rates allow you to LOCK IN the historically very-low rates for 15-30 years on the primary mortgage market. 

@Justin HutchinsA Bookeeper who uses Quickbooks but I am evaluating “ numberz” with a “z” it appears to keep fmv, historical data, original cost, ROI, cash flow, income etc all in one place.

@Hen Ley I would definitely pull their credit along with evaluating their entire financial profile.

Then evaluate the risk and consider whether it is wise to proceed. 

Not that it is not worth evaluating. 

When I evaluate properties, I don't care about cap, 1%, 2%, or any other ratios except income vs. debt service ratio.

I think there is a free evaluator called rehab valuator and you can play around with numbers.

Thanks for the evaluation and being honest about it.