Very, Very similar homes will range from 65k to 90k.I understand CAP rates aren't really great for SFR, but I use them every day when I am evaluating a property.

But I keep hearing the 2% Rule (or maybe 1% Rule) as a good place to quickly evaluate a deal.

I want to use this opportunity to kickstart my real estate journey and am evaluating two options:- Purchasing a duplex and renting out one of the properties- Picking up a single-family rental in the area (alongside the apartment we use ourselves: either rental / owned depending on pricing)The two cities we've been exploring are Carrollton and Richardson.

Working with a qualified cost segregation specialist or tax professional can ensure that you maximize the benefits and comply with IRS guidelines.ROI Analysis: Evaluate the potential cost of the cost segregation study against the expected tax savings over time.

Other hidden costs you need to consider when evaluating HM lenders:-Applications Fees-Administrative Fees,-Commitment Fees-Underwriting Fees-Origination Fees-Loan Servicing-Rehab Draw Fees-Inspection Fees-Interest paid on undrawn rehab budget?

I recommend ROE should be top of mind when evaluating the numbers.

And I think you should ONLY buy in a good area for a variety of reasons, but the main reasons will be the real way you evaluate risk in real estate transactions.Behaviorally, and depending on your goals, it's absolutely asinine to leverage through the gills.

This also allows you refine your skills in evaluating an individual syndication deal. 

(Most of our cities here vary like this, and each opportunity is evaluated on a case by case basis.

I heard about Houzeo it might be a good option, but you have to evaluate what you pay and what you get.