If you're doing commercial you're looking at 5%+2) CapEx at 6% seems low, typically when doing revenue/expense analysis 10% is what people use (though if the property really is in great condition your 6% may be justified)3) Most on BP will recommend you budget in some amount of Management Fees because if you plan on doing buy and hold, eventually you may get to the point where you want to outsource the management.

@Kevin Phu 1k is exactly what my assumption has been when doing my analysis, but unfortunately, that wont be enough cash-flow for this deal to work out.

Plus resident agent service...Corporate Direct comes recommended, but it’s $832.

Your Cash Flow analysis is inadequate.  

Hello All, We have a 2 flat on the 3500 block of West Palmer in Chicago and need to hire a local guy to cut lawn, trimming, and spring and fall cleanup.  Can anyone refer me someone they have worked with.  Thanks in a...

In regards to practicing analyzing deals, to build an analysis process I browsed the MLS and scoped out some deals that looked interesting and would analyze them in all aspects, as I would if I were actually going to buy it. 

This has been on my mind too, so I would welcome any criticism of my analysis. 

Offer a service (e.g. you drive and buy the food) while they check properties and run the numbers. 

@Freddie Williams, if you are going to do a seller carry, I recommend you use a third party servicing company to make sure the payments are being applied towards the balance of the seller carry note. 

I'm having a hard time finding an already made excel spreadsheet with a good break down and analysis of cost for itemized materials, labor, lot cost and all associated fees...Sure I could spend the time to build a spread sheet but it's not my expertise...any luck?