Knowing BP earlier I would be done differently.Learning a lot from this site looking forward to invest but this time I'm going to do diligent homework before buying next property.marek Mika  

I guess myself, I am a fairly conservative investor/underwriter and like to do my homework before anything else.

Now I have some great homework and learning to do.  

My first advise to you "Patience", 2ndly do your homework, and 3rdly find a good support system including a very good realtor to help you analyze the numbers.

The more you do the less they will do and the easier way to go.Always remember to do a math analysis and try to look at prospective properties before you make an offer or at least have a clause in the sales contact that allows you the time (usually about 10 days to make a detailed inspection without a penalty that you can survive.  

With all this math already calculated

I have a commercial banking background so I get the math, but need to learn more on finding deals, funding, and of course being a land lord. 

Then simply do the math: NOI/Cap rate % = ValueAn example is you have a property making $100,000 in NOI and the local cap rate for that type of property is 10%.

Even if you've done all the math correctly, making $250/month on $70,000 of equity isn't a very attractive deal.

Here is a few companies that you can do your homework on for a Wholesalers Website.