To evaluate investment prospects, including positive cash flow, potential for appreciation, and value-added upgrades, do a full property study.5.

@Jaydon VanderslootIt is a smart move to get prequalified from many lenders as it enables you to evaluate your loan alternatives and choose the most suitable financing plan.

These are the sorts of things that will be evaluated to determine if you qualify for a mortgage. 

Each strategy has its own pros and cons, so evaluate which aligns best with your goals, risk tolerance, and investment timeframe.Financing: With $100k to invest, explore financing options such as conventional mortgages, hard money loans, private financing, or partnership arrangements.

At that point, I want to re-evaluate the market and determine if we're happy with that, or if there should be some small increases after.

There is so much to evaluate, and answer the "is it worth it" for yourself.  

Performing comprehensive financial evaluations and due diligence on every property is necessary to precisely ascertain its potential for cash flow.

You need to know what to ignore, what to give more weightage to, and what is missing from the data.Different appraisers reach quite different results after evaluating the same data.

Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.

That’s not how investments are evaluated and compared by most people, and def not by most professional shops.