To precisely assess each property's cash flow potential, a comprehensive financial analysis and due diligence process are necessary.In order to invest in Dallas, one should carry out extensive market research, establish connections with local investors, property managers, and real estate specialists; moreover, one should investigate financing alternatives, investigate possible investment properties, and give careful thought to property management.

Having a solid intuition is valuable, but it should never be relied upon without first doing comprehensive data analysis.

While consulting with a CPA is the suitable choice, I recommend compiling a comprehensive list of all your questions and finding a CPA with proven experience in small business and real estate.Based on my extensive experience, having been in similar situations multiple times, I've learned that the effectiveness of a CPA depends on the quality of the question I asked.

I think he just didn't read the part about the apartment (I missed it too the first time by, reading too fast :-)  Lol, my reading comprehension needs work.

Here are some tips for presenting your case:Property Details - Property address, size, style, and other comprehensive data that would attract someone that wants to make money.

I wish my VMs are as comprehensive.

In order to make sure the estimated rental revenue is in line with local market circumstances, you should also investigate market rentals for comparable homes in the vicinity.To determine the duplex's condition, do a comprehensive inspection.

This will help you to improve your comprehension and method.

Such a comprehensive answer with some great points.

Market circumstances might change, even if your intention is to flip the property, so think about your choices in case your initial plan doesn't work out.Market Analysis: To verify your predictions on future appreciation, growth in the rental market, or the effect of renovations on property value, do a comprehensive analysis of the market.Time frame: Evaluate the opportunity cost of having your cash invested in a non-performing asset and be realistic about how long you're willing to wait for the property to turn a profit.Investing in a property with negative cash flow can be a calculated risk under the right circumstances, but it requires a higher level of due diligence, market insight, and financial planning.