Unfortunately, I couldn't purchase it this year but I just need to keep saving, analyzing deals and at some point I will be able to purchase it. 

And where are you finding this info to analyze?

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.

I am analyzing a deal in South End neighborhood at Charlotte NC. 

As lenders, well issue a prequal/preapproval letter if we've analyzed your income, assets (bank and brokerage statements to establish that you have the liquidity to afford the down payment, closing costs, and reserves), review credit of the guarantors, review the relevant experience to ensure that we're not throwing our money away on newbies that are wandering around in the dark, and have put together a reasonable plan of attack for the project.

We will buy a single family house like I talked about and then analyze other deals.

Just curious if there is a thread on here anywhere that someone could link to that has bunch of fully underwritten deals by experienced investors? I see a lot where newbies are asking for help but as newbies, it feels...

From there, you can start to analyze markets that meet/exceed your required ROI.Hope this helps...  

However, it is crucial to analyze potential properties to ensure they cash flow.

., major systems like plumbing/electrical)Full Gut/Studs Down: $85-$120 per sq. ft.Luxury Finishes: $150+ per sq. ft.However determine the Rehab Costs are only a part of analyzing a deal, you also have to focus on determine the After Repair Value of the property in the specific Area/LocationIf you’re focusing on specific markets and ever want to discuss analyzing deals or strategies, feel free to connect, Our firm would love to help you!