However, because I am unable to make trips to scout locations or look at homes in person.

If you aren't an excel expert I wouldn't bother trying to make your own or scour the internet for an analyzer tool that may or may not meet your needs. 

I'm a newbie to real estate investing and am currently focused on intensely educating myself about all things real estate and how to get my first rental property deal.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.

Same goes for many apartment buildings offering MoveIn Specials.So, if it's slow-time winter or a property won't rent for another reason, why waste time worrying about why it works or how to avoid it?

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Hey everyone, I just finished developing a detailed guide on how to read and dispute appraisal reports effectively, and honestly, I’m amazed at how often small errors can significantly undervalue a property.

@Krystal Stone I would be sure to check and see how many clients (youth) they are planning to house at one time.

Commercial RE is a bit more strict than the residential market which has more options available due to flexible housing regulations in place to make it easier for people to buy their primary residence.1) Family and friends.

The 50% rule - in my opinion- is used solely as a quick back of napkin calculation to determine if it is worthwhile to do more investigating of a property.