What would be the right analysis of a property for someone to buy

[Norman Paschal]

Hello to you all,

My name is Norm, yes like from Cheers. I am new to REI and BP. I think this is going to be one of my favorite websites in this journey I'm on now. That being said I have some (a lot) of question and the mentors I have in this business are for a lack of better terms (old school) they have managed many units throughout their lives, but they don't use any type of software and they have all managed the business themselfs. I want to make the best of not only my money but my investors as well. I want to know what do you look for in an analysis of a property to determine if it is right to buy, meaning is it based off of personal settings, positive cash flow, investment return, or all of the above. My board of advisors use their gut and that's it. They also haven't had the responsibility of investors. I have a good gut feeling about an area close to me, for growth with lots of jobs heading this way and want to get ahead of the jump. Any thoughts on this is more then welcome and thanks in advance.