On original idea of mine was to to build up capital by flipping so that financing would become less of a problem when I look to start buying and holding rental properties.What I’ve done thus far: I’ve identified what I believe is a good farm area in the Milwaukee suburbs, have looked at over a dozen homes, am working with an experienced Realtor for those areas, created several analytical spreadsheets to help me in analyzing potential deals, put in a few offers, and for the most part have my financing in order.

I admire his attentiveness to detail and analytics.

So, thank you to everyone who takes time away from their business and family to share their knowledge with us.I come from an analytics background, so it is how I think about things.

Since the Preferred Return is low, I next go to the comps to see how the Sales Prices were estimated and I'm not looking at analytics or specific comps now.

Thinking - real, constructive, analytical thinking is the hardest job in the world.  

@Jatin ShahWelcome to BP.Most good tax attorneys are analytical and risk averse.

If the Chinese manufacturer was analytical in their development, they would specialize their pre-fabricated panels to be malleable (when it comes to MEP), so that the structure conformed to each jurisdiction-code that they were shipping them to. 

I would invest more time upfront in analytics to evaluate deals however.

But it's also clear from the stories all over BP that achieving significant success requires a large amount of dedication, commitment, learning, patience, diligence, analytical skills, networking and communication skills, project management, and at least a small amount of luck along the way -- in other words, the same kind of things that lead to success in most fields.

Though I'm still keeping my eyes ears and options open just in case that unbelievable deal comes along..I'm using this time to learn from the experts, networking, and practicing with BP's analytical tools with the properties now on the market...you never know...good luck to you too....z,  y