Using zillow as your only data source for analyzing a rental market is analogous to buying a stock because you like its ticker symbol.

I'm analyzing a deal for a commercial MFH home.

They analyze MLS deals and are one of the primary acquisition sources for institutional SFR like Invitation Homes. 

That is not me - I can connect you :-)   And maybe focus on just one market or you will spread yourself too thin - I can not imagine analyzing deals for multiple states all at once.

Hey everyone,
Context:
I am looking to buy my first investment property. Over several years, I have worked hard to save up for a down payment, and I currently have $200k set aside in a money market account ready to ...

NOI/Purchase Price = Cap RateWe mass analyze the entire market in Northern Nevada and rank each property by it's cap rate. 

Work on analyzing some deals, get your finances in order, get pre-approved, find a deal, and buy it. 

It all depends on your market area and how many deals you’re willing to analyze to find the right one.

This is more of an equity play, and if you're going to live in it, then that is a material benefit as well, along with the cost seg benefits.Always think of your exit strategy when analyzing a deal.

I commend you for pulling the trigger based on having just enough experience, and not over analyzing.