Folks often describe what I have done as requiring courage and a "gamble" and while that may be true to some extent, we were careful to analyze our moves meticulously and to mitigate risk to the greatest extent possible.  

Once you get set up, you'll start to get email notifications and be able to analyze those deals.  

That piece of information is extremely important when analyzing a deal, so you better have more than just a hunch.Best wishes.

The problem that I am having is that when I use the four square method for analyzing rental properties I am getting a cash on cash return of about 6 to 7%.

Here are the numbers, if you can analyze them and tell me what you think of them.

I would suggest to speak with a lender in your area about these types of things specifically since they can analyze your bank accounts, your credit, and your income history thoroughly and guide you appropriately. 

Stephen, how do you analyze your properties?

Right now, though, we are working on acquiring, analyzing, offering and sealing the deals.

Be sure to run any properties you find thru a deal analyzer (like the ones here, on BP) so you can get an idea of how much income is left over after all expenses and the mortgage are paid.

I think the most complicated thing regarding cap rates is trying to find comps on cap rates so you can analyze a deal.