I analyze my comps and the worst properties appear on page one.  

Hi all,I’m just getting my feet wet with Real Estate investing and currently taking online courses on the investment process, principles of calculating returns, performing market analysis, analyzing cash flows and the different types of investment opportunities.

Lastly, take a lot of time to learn about different financing strategies for your specific niche and learn how to analyze deals and run numbers. 

I totally understand the different answers and will try to analyze the best way possible.

@Tim Phillips I'd agree with your friends - rentals within driving distance are significantly easier to manage as well as decrease risk during the purchase process (because you can go see the property in person easily).I'd advise you to analyze as many properties as possible in your chosen market so that you have a good feeling for what a good deal in whatever market you pick is.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

Any other suggestions for analyzing the quality of the offering and the group making the offering?

Every month, we like to analyze all of our markets across Central Florida.

. #3 Start working with an investor focused lender / realtor / property manager and get good at analyzing numbers. #4 Once you're comfortable with everything and you find a deal you like, pull the trigger.

Events can be lucrative but may require additional investment upfront.By focusing on these metrics and carefully analyzing cash flow potential, you’ll be able to make a more informed offer and have a strong foundation for negotiation.If you need help with financing options or further advice, feel free to reach out!