First Rental Property Purchase

[Sungpil Lee]

Hello all - 

I live in Blue Bell PA, 45 minutes outside of Philadelphia, PA. I decided to do the 90 days challenge and would definitely like to take the actions rather than just sitting and listening to webinars all year. With that being said, I have analyzed couple of properties in Norristown PA, and I was wondering if any experience real estate investor would help me analyze these deals. 

My analysis skill is based on few concepts that I learnt from Biggerpockets which is when you buy a single house property, you are looking for at least $100 monthly cash flow and 10% ROI. This property exceeds. $300 monthly cash flow and about 15% ROI. To me, it seems unreal and too good to be true.

I would sincerely like to ask any experienced investor to help me with landing my first property. Any type of help will be appreciated. 

Thanks,