Focus on networking with experienced investors, refining your deal analysis skills, and exploring financing options to scale efficiently.Good luck!

I do business with people I have met before, not the sudden opportunist who wants a deal.  

You might also want to start looking off-market for deals. 

I’m also using a 6% vacancy rate, which brings the net monthly cash flow to about $200 and a CoC return of 13.06%.Summary:I’ve created around $50k in equity (difference between ARV of $200k and total investment of $155k).I’ve got about $10k or $18,385 left in the deal (factoring in closing costs).The cash flow is healthy, and the CoC return is strong, especially as a first-time investor.Questions:Does anything look off or could I improve the numbers?

@Drew Murtaugh it is going to be very hard for you to do this type of deal on your first go around.

The truth is that if you find the right deal, you can make pretty much any market work but if you are looking for consistent deal success that narrows your options down.Some investors look for simple signs like the "Chick-Fil-A" test.

Quote from @Brendan Lim: Hey everyone, I'm a first time real estate investor looking to close my first deal in Columbus, OH.

I do flips and multifamily investing in Columbus and LA.So, here’s something I didn’t know going into my last flip: if you’re dealing with a split-level, appraisers can decide that anything below grade doesn’t count toward the square footage.

This may need to be renamed to Mike's deal of the quarter!

(You’d had to negotiate a really good rate/deal on the second to get this to one to float).