It's not Playa Vista nor Marina del Rey and prices are close to those areas.When Google purchased and rented those ex Hughes lands, 5 years ago Westchester was a good buy.Inglewood has more upside right now. 

With Austin prices, looking more like 0.7% rent/price ratio; but considering that’s its new, maintenance and cap-ex should be minimal.

My end goal is to acquire as many as possible for long term passive income.My question, as the title suggests, is how to properly analyze a deal and what MOST folks like to use as a measuring stick to be considered a good deal.Brandon Turner says he only jumps on a rental that will bring a 12% cash on cash return after everything is accounted for (PITI, vacancy, maintenance, cap ex, management, etc.)  

Your Cap-ex number is just a shot in the dark without knowing the age of the roof, mechanicals, etc, but $200/month is probably fine.4) Investments usually require 25% down.5) Closing costs are waaay too low.

I plug in $750 per door for cap ex, and depending on the size of the building, put in another number to cover maintenance. 

Here are some details:Mortgage owed upon inheritance - $50,000Buy-out my brother - $45,000Renovations - $20,000Total Cost - $115,000 (I took out a home equity loan as the property was worth $215,000)Total Rents - $1,575Total Expenses - $1,400 (Mortgage, Insurance, Taxes, Property Manager, Cap Ex, Maintenance, Vacancy)Net Income/Month - $175Good deal for me!

An ex Marine facing jail time that loses his job could be the final straw in a struggling life.

I hear on the podcast and things I read such as take your debt service, taxes & Insurance, maintenance, vacancy, mgmt, and perhaps cap-ex and then shoot for $100 a door after that.

EX: Say I have three messages in a conversation with someone.

The other thing that is helpful is a list of cap ex improvements in the last 5 years, age of roof, Hvac, plumbing, electric, last interior updates, who's managing it, any city hazards/issues