FYI we've changed our approach entirely and have lower fee initial entry points to avoid the challenges of long term project based arrangements so we can catch issues much sooner.

How would someone approach analyzing it and what are the different things to consider? 

You could approach a creative lender or private lender for a type of HELOC.

Just curious and like your approach.

Best approach is to maintain a strong relationship with the inspectors.

@Stuart Udis great post your made here.We do 20 Flips/BRRRRs per year in Jacksonville FL and we use a hybrid approach. 

I've reached out to about 50,000 contacts during this period but a few potential sellers a came across seem to already have realtors.My current approach involves using Deal Machine to identify potential properties by zip code, focusing on those with unknown sale dates or built dates before 2000.

But I do know that the approach is quite different because you're dealing with a realtor instead of the seller directly.Feel free to reach out with any questions about flipping and wholesaling. 

After talking about it for three months, someone approached me with a hoarder house.

Seems you’re looking for appreciation with steady income and that’s a good approach in this current market state.