I'm comfortable quickly running the math in my head or on my phone.

I think you're doing the right thing in keeping close eye to the MLS sites, this will really get the market home values in your head, so you instinctually recognize a below market deal when I comes on.

A while back the office did confirm that the property sits on land that would allow an additional unit, however it seems like I'll need to sit tight until they open again so that I may connect with someone.Thank you for the response and heads up!

It will take some time for me to get my head around it all and figure out where to go from here. 

Please let us know how you make out.Thanks for the heads up!  

One of my good friends fishing buddy owned a few dealerships so i got the inside scoop LOL  and I fished on the Deschutes with the head of Lithia one year they are neighbors at broken top. we did a 3 day float about 10 straight years until we got to old LOL.. 

When he added an adjustment to account for the size differences, he only valued the additional square footage at $40/sq ft.

I run theNumbers in my head and decide if a property is worthy of further analysis by the margin.I keep details on which neighborhood has which ratios and If I find an area with good ratios I dig further and try to isolate that micro market.

Just a heads up, this is something a bookkeeper or an accountant would do for bank accounts and credit cards to make sure everything ties out.

I was in way over my head and as a result I racked up a bunch of 30 day mortgage late payments.