The 70% rule is reserved for talking points by the guy on stage talking to an audience who they’re trying to sell a coaching program to   It’s a get excited number not a do a deal number   The equation is: maximum of 65% of AS IS value.  

I would recommend getting a free cost/benefit analysis to see if you specifically could benefit from the study.Real Estate Professional Status

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.

Quote from @Mohan Sadashivaiah: I would like to know if Data analysis in needed in Real Estate industry.

Its kind of like doing a comparative market analysis.

I would consider it at some later stage, when I had to invest on long term income generating assets for tax deductions.

Right now I am stuck in the paralysis by analysis phase and am looking for any and all advice.Thanks!

I'd be ok putting money in escrow that can be released at stages if and when part of the job is complete.

In my opinion with this kind of business I can get a E2 visa and under this business I can be an investor, realtor, maintenance/Reno, staging etc. as you said I have to have a complimentary service business under property management to make margin. 

Garbage in - garbage out.Be cautious with tax professionals who substitute AI for true research and analysis.