A thorough cash-flow analysis up front goes hand-in-hand with finding those hidden gems.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Quote from @Peter Firehock: Introduction:Well you've certainly put together a long and comprehensive analysis.   

I used the lower of rent amounts for analysis. https://www.biggerpockets.com/analysis/rentals/ee5f6928-93ce... is link to the BP Calculation on it.

That could be a good opportunity, but underwriting of a seller-financed fix-and-flip deal requires careful analysis.

A lot of rookies will get stuck in analysis paralysis and get overwhelmed on what market to buy in. 

To get things started was curious from those that have already taken the leap as to what type of secondary analysis you all are doing when you find a potential property?

I actually look at this section when I'm doing a market analysis.

Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

In analysis of subject propert the cap rate for 103 property in this area is 5.4%.