I think I'm doing my analysis wrong.

[Meldeine Sipes]

I recently spoke with a property manager/realtor in Las Vegas. She's been sending me listings of multis in Las Vegas. Most of them are super old and I haven't really seen any decent looking ones. I'm afraid to purchase any of these because they're so old, I don't want money to be tied up in reno. I don't know how to do the analysis for how much to put down for renovations/rehab. I'm afraid I'm not going to put enough on the analysis and end up purchasing something that will just tank because I f'd my first buy because of a completely wrong analysis.