I've been analyzing properties and often it's the property taxes that seem to kill the cash flow and not so much the price.

I am seeking insight and advice on a specific deal I'm analyzing.  

At the moment, I am interested in buying my first property in my local area and would love to network with some individuals on several deals I've analyzed, I'll be sure to post in the Deal Analysis forum in the next day or two. 

We are not the realtors that set up our clients on auto searches from the MLS - everything is hand picked and sent out specifically....after it has been analyzed!

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.