Which brings me to my topic, how do I know if I have a solid analysis or not because I have been doing on average 1 analysis per day for the past about 2 and a half months and I haven't found even 1 deal that cash flows, its always around $100 or more in the negative.So my fundamental question is how do I know if I am just being way too conservative with my analysis or does that sound normal with the amount of bad deals for 2 and a half months straight?

A lot of it will depend on, assuming good market fundamentals, what your price range is and what kinds of properties interest you.

Having a license means you are legally considered a professional in the industry, which means that you are now held to a much higher standard of practice when conducting business.When you get your license, one of the fundamental things you get drilled on is agency and fiduciary duty - I suggest you read up on those topics, and/or consult a local RE attorney.

You may 1031-exchange assets, postponing your capital gains and depreciation recapture indefinitely or even eliminate them permanently if you never sell and leave the wealth to your heirsBesides the benefit of being a passive investor and utilizing other people's experience, one fundamental advantage of syndications is an opportunity to invest in larger assets that an individual or a small group simply cannot afford.

I sparked interest in real estate investment just recently and I am very excited to learn the basic fundamentals and with due time begin to get my feet wet! 

Originally posted by @Ken Weiner:Yes I am using accounts of type Business Fundamentals Checking from Bank of America.  

Ohio is great for cash flow and appreciation hybrid, specifically Columbus has great fundamentals and numbers and I’ve enjoyed growing my portfolio here.

I plan to ask the seller a lot of questions to find out more details about his family's situation....but fundamentally, what rule of thumb do other investors use when negotiating an off-market deal?

There's lot of resources out there that talk about numbers and market fundamentals and such (I have a lot of articles on here about all that if you have any specific questions...I can pop you over some info).What budget are you working with?

It is no longer justified by fundamentals (i.e cash flow), only speculation that the value will go higher.