My question to veteran developers out there: does anyone have a 'first glance' or initial proforma they use to identify which properties are worth doing a deeper analysis on?

The markets you are looking for will be on the outskirts of major markets (high dessert, central valley, etc.).Once you identify the market or a few markets, try to connect with a few BP members who are active in those areas.

Here you can identify potential team members.Check out House Flipping resources http://www.biggerpockets.com/renewsblog/2013/09/28/best-biggerpockets-house-flipping/ Good Luck Paul

You identify properties undervalued, tie them up in some way, then sell them to an investor or another wholesaler at a profit.

In one case, he had the deals identified in advance, and in the other case I directed him to look for houses according to my parameters.I'll talk about the latter process, as that is what you seem to be doing.

Tell me what you're all in numbers look like against your actual rents/payments and thats how you'll really be able to learn to identify good deals.What I like to do is to calculate my PITI based on my all-in number and be somewhere around $400 a month gross profit (i.e. before vacancy and repairs).

In addition, each funding portal and each crowdfunding broker is prohibited from:compensating promoters, finders, or lead generators for providing the intermediary with the personal identifying information of any potential investor; or allowing its directors, officers, or partners (or any person occupying a similar status or performing a similar function) to have a financial interest in any issuer using the services of the intermediary.Source: http://www.sec.gov/divisions/marketreg/tmjobsact-crowdfundingintermediariesfaq.htm

Hi,I am a new investor that's identified a private money lender.

@Ryan VanPattenFirst place to start by defining and identifying what you want to do, specifically.One aspect of attacking a business entity is to say that the business was operating outside its stated scope of work or its mission.

Finding a tenant won't be hard, learning how to identify a good tenant is more of an art than science.