Analyzing a deal in a hot market

[Joseph Sandlin]

What are your go - to methods of analyzing a deal? (Looking for a thorough process on making sure it is a good buy)

Are there any things that will instantly turn you off on a deal?

What kind of returns / cash flow are you looking for in single family and multi family homes?

Is there any unseen value in owning multiple houses in a row?

Such as control of the neighborhood?

(Example: is there any justification in paying more than market value for a house if you own 4 of them on that street?)

Thanks so much for the answers!