I think I found a deal

[Luc Desroches]

Hi all, 

I'm brand new to the BP community and the real estate game in general. I'm extremely motivated to get into business, so naturally I hopped onto Zillow and have tried to spot a deal. 

I've come across a property with tenants currently in it and the landlord is trying to free up some cash so they're offloading properties. I entered the values into the Rental Property tools here on BP and the numbers look good. Everything seems fine, but I notice the property has been sitting on Zillow for over 30 days. If it was such a bargain, wouldn't someone else have jumped on it by now?

Any guidance on coming up with better figures for projecting ARV, taxes, insurances (currently using Zestimates for these) would be appreciated.

Thanks all, and looking forward to starting this journey!