From my part, I analyze the property's location, neighborhood growth, appreciation factor, the average rents using some paid tools, and crunch some numbers for them to let them know the CoC return, cash flow, and more etc.

I'm not big on analysis, data crunching, building spreadsheets, and all that jazz.

I ultimately finished crunching the numbers between this spreadsheet, the sellers 1040 forms, some minor things needed within the property for expenses, and purchase price. 

As far as a correction, that's happening now - unfortunately most of current price reductions are because agents either don't know the real starting price point, or what's more likely... the real estate agent is in a personal cash crunch and will just list at whatever the seller wants to list at...Hope that helps

Crunched the numbers and it seems to be a decent cash-flowing deal with good appreciation, potentially looking to partner with someone on it!

After crunching the numbers I'd be cash flowing around $600-700/month if I hire a full service manager (and this is without accounting for any repairs, which it does need).

Napoleon was facing a major cash crunch to finance his wars.

On top of that, finding a licensed electrician, who could do the work in a timely matter with permits, is also not so easy to find in a time crunch. 

When I left, apart from the normal political shenanigans, it was very well run with a strong government presence, military renters, and organic business growth that wasn't dependent on tech cycles, credit crunches, etc.

I'm closing on a duplex next week.I crunched the numbers lots of different ways and it will cash flow when fully occupied but only a couple hundred a month.There are other locations in my market for sale that are way over priced.As a general rule of thumb I try to keep my units around $50K each for a single bedroom and $75K each for a two or three bedroom unit.