I am evaluating some of my first potential buys, but I could use some guidance to determine when a property is not a good deal because of the parameters of the property or when it is not a good deal because I am expecting to have my cake and eat it too. 

In 1 year I was able to pull out all of my investment and then some (40K in total) as the property was re-evaluated at $150000.

I’d appreciate some advice on determining an amount for monthly rent when running the numbers on a deal. I’m primarily looking at SFRs that are not currently used as rental properties. So there isn’t a current,or his...

I recommend looking at and evaluating a number of properties before buying.

That should get me to my planned goals this year, and I evaluate every quarter (every month, really).M me or contacts me if you have any questions, and I should be able to shoot you in the right direction.Good luck, and you've chosen a great path!

It is most peoples inability to properly assess risk that leads to a misunderstanding of how to evaluate and properly understand an investment.

Again take it with a grain of salt and evaluate other factors in the market - how "mature" the market is overall!

The nice thing about the BRRRR is I evaluate it the same as i would a flip so both exits are viable strategies.

A quick and simple evaluation tool is this.

I plan on investing in the DFW area, Austin, and San Antonio, Tx.  100k SFH'sMy current plan is to read more books, watch more webcasts, and gain more knowledge.Followed by next year becoming a pro member and practicing evaluating SFH deals, so I can get a grasp for what a good deal is.I will start trying to go to meetups around my area and find a mentor.