Subscribed to Pro to get more involved and have access to the calculators so I can practice the practicals and analyze deals.

I am still waiting for an insurance quote to have all my numbers to completely analyze the deal.. but I have the general picture down its looking like after everything I would have around a 25K profit.Pro's in my mind=-It's a complete renovation so I feel like that would cut out the "unforeseen issues" factor.- I am very confident in my ARV estimate because I just bought a home on the same street a few houses down- I will be a real estate agent by the time I would go to sell this house so I could save money/build my network etc..- The home would likely not be hard to rent, it's in a great neighborhoodCon's in my mind= -Its a huge project and I've never handled a straight up flip project let alone one this big.

Im not quite sure if by the TOTAL GROSS MONTHLY RENT option, if I'm supposed to enter the current rent or the future potential rents at market value.I guess this question can be asked in regards to analyzing any potential rental, not only Brrrr. 

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Continue to feast on the BP Podcasts, #askbp Podcasts, BP blogs and BP webinars.

Some realtors try and use the traditional 6-7% cap rates when pricing, but these units tend to sit on the market for months and end up being bought by seminar grads and rookie investors.Also Mary if you are interested in units from 2-8 here in KWC, I would be happy to send you a couple listings to look over and analyze for investment purposes, give you a feel for the numbers.

Folks still need a place to live and yours will become popular with less than market rent prices.

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Continue to feast on the BP Podcasts, #askbp Podcasts, blogs and webinars.

Just hearing them chat at the coffee cart I pick up on their analyzing deals and their list of important factors.  

Let me know if you ever need a hand analyzing a deal here in town.

I personally have no desire or need to get involved in syndications - I'm just asking out of curiosity because I know they're so popular.