Underwriting/Evaluating Single Family Rentals in Jackson, MS

[Michael Elkins]

I read Rich Dad Poor Dad last May and have been watching the Bigger Pockets podcasts on YouTube as well as learning about wholesaling. I began to take action March 1st of this year and have started gathering leads and starting marketing to begin my wholesaling job so that I can leverage that into real estate investing. My question is does anyone have an excel/google docs template they would be willing to share so that I can practice underwriting on Zillow FSBO listings? I keep hearing "you need to make sure the numbers work" which is fine but what numbers? This may be a separate question as well but I would also like to learn what I need to evaluate (at least at a glance) on a wholesaling deal that an investor would want to know. An example may be

roof - 20 years old = recommend replace

HVAC - 10 years old = recommend replace

Interior Walls - good condition poor paint color -  recommend replace

etc. 

Thanks for your help I'm also looking to establish relationships with local investors and agents that as I learn more I can help them out and at least be in the room when I hear people have conversations about investing.