Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Running a detailed cost analysis for both options will help clarify which aligns better with your goals.

The 1% rule is a simple rule which is easy to calculate and describe.The Market Analysis IS the screening rule. 

Since most flips fail these days and many rely on their charts, slides and software analysis, it should be a signal that it's not some phenomenon to guarantee success.

As Bill mentioned, the best way to decide would be to get a free cost/benefit analysis to help you determine if you would benefit.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Experts say it can be risky for an investment fund to operate this way, since it may require ever more participants to be brought on board, rather than making money from its business.More than 60% of RAD’s operating expenses in 2020, the most recent period for which the company has released audited financial information, consisted of asset-management fees and other payments to a separate company owned by Mendenhall and other RAD executives called RAD Management LLC, according to an analysis of the financial data.Those fees and payments amounted to more than $730,000 that year, RAD said.ADVERTISEMENT“We have limited operating capital, few significant assets and limited revenue from operations,” RAD wrote in the January document, which sought to raise up to about $58 million in new funds, for a total of $75 million of company shares.

I had a whole Analysis typed out but my wifi cut out so I've retyped a summed up version.

I appreciate your thoughtful analysis. 

I just submitted a conceptual plan to the City and they agreed to do a feasibility analysis to see if SB-9 will work for my parcel.