Assessing a deal.. how to take the most risk out of it

[Michael Junior]

Hey can someone just either fill me in.. or point me in the right direction. How can I asses wether the deal is good or bad. Someone please break it down. I understand you need to run the numbers. The way I under stand is to total up all your expenses.. then total up the annual rent brought in by tenants. And deduct the expenses from the rent and if there’s money left over.. your in the green. Soild deal assessing or am I completely off? That seems to simple!