Creating Buy box/ deal analysis

[Noah Worley]

Hey guys, looking for some beginner advice.

Ran some hypothetical numbers with my bank and it looks like I could get pre approved for 400-450k. I'm looking to buy my second property next year, I could get a low/mid tier duplex in my area for 250-380. 

There's 50+ duplexes in my area I could buy, how can I narrow down that number to avoid the ones that wouldn't make good deals? Is there a general rule you guys follow when analyzing a multi family? How do you guys find quick rental comps in an area to see if you could cash flow?

I plan to house hack the duplex and rent out my current primary residence if that changes anything. Thanks! 

[Wale Lawal]

@Noah Worley

House hacking a duplex while turning your current home into a rental is a great way to build long-term wealth. To find the best deal, set clear investment criteria—aim for at least $200/month per unit in cash flow, strong rental demand, and minimal repairs. Quickly analyze properties using the 50% rule (assuming half of rent goes to expenses) and verify rental comps on Zillow, Rentometer, or with local property managers. Finally, check crime rates, school quality, and vacancy trends to ensure the neighborhood supports long-term appreciation and stable tenants.

Good luck!