My suggestion to you would be to start analyzing deals just for practice, go onto the MLS, pick out a couple foreclosures to start and take a drive to check them out, put together a pretend rehab budget then head to the MLS again and do some research on some comparable homes that have sold and are for sale in the market..... basically start to act like an investor and you'll begin to realize what areas are missing from your process.

Im not pretending to be a guru, I just said I am an experienced investor that can answer questions.

I do it this way just because there are a lot of scammy websites that pretend they're the official site and going through the FTC page eliminates the possibility I'll go to one of those by mistake.Of course, if you're working with a good mortgage person they should already be talking to you about a lot of this stuff, what your score is and how to get it higher, etc.If you can get the free report from each of the bureaus and look it over, and have it in hand when you talk to mortgage people, it can give you a head start talking with them about any issues such as lack of credit or certain accounts that might be impacting you a lot but could be easily paid down or paid off, etc.

Don't pretend to know all the answers, but find a way to get the Right answer....Be Real...GL

My advice would be to pretend you are looking for that type of space to rent and see what you can find in your area.

So for simplicity's sake, use these numbers:Pirchase price: $25,000Land Value: $5,000So, depreciable amount: $20,000.Lets pretend that I depreciated $1,000 a year for 3 years.Sell price: 38,000What does depreciation recaptire and capital gains look like?

My time investment in managing my properties would rise substantially and then I would have to pretend to be a detective when reading the inquiry.

I don't know what the solution is but I do know that pretending like it doesn't exist probably isn't likely going to work out well.

After your underwriting, make the offer that works based on the actual operations of the property, not the pretend proforma.

Lets pretend there is no any deductions, depreciation, nor anything else that complicates matters...