Now, you need to figure out how to find deals and pay for them.

If it does that then I figure it is a good property.

As a six figure earner, I am seeking advice and insights from experienced real estate investors on strategies and best practices that were valuable when starting out!

Not only will it possibly save you a little money, you'll develop skills and figure out the nuances of real estate investing that you can't learn from a computer.Out of curiosity, what type of properties are you looking to add to your portfolio?

So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.

I feel terrible walking away...but i was under incredible stress (not sleeping and eating like crap) trying to figure it out and make the quotes work by paring back finishes.

some like to fix and flip some like to hold for cash flow, figure out which you like and take it from there  Monthly...so guess rentals.

@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

That’s why it’s in your best interest to try to figure out how to maximize longevity in your tenants.

Congratulations on the duplex -My investor clients have acquired several multi-family investment properties locally in the market I operate in Northwest Indiana - Figure out your personal investment objective for the next 4 years and align yourself with the next property that make sense in this current market environment-