This is an essential tool for anyone buying a tenant-occupied property.

https://www.biggerpockets.com/filesI have uploaded my own spreadsheet file to my BP Fileplace which has an analyzer and estimator tool if you want to check it out:https://www.biggerpockets.com/files/user/drobertson/file/house-flipping-spreadsheet-6-lite

My insite is based upon the type of high quality service I provide. 

It a great tool to use if you are tight on your budget.

And it's those clueless that come and go every year but each year there is always just enough of them to bid everything too high or low depending on the state to make it a good deal for the rest of us.

In my area, used "asking" prices on decent used manufactured to be moved are too high.

I buy n hold single family homes in C+ hoods in the Dallas area where demand is high.

Another pitfall is under improving properties in low income areas believing that since its a depressed area in terms of income the people will not have high standards. 

I do think southern NH/seacoast are great markets to invest in with potential for cashflow and high appreciation along with very low vacancy.

Syndications are EXTREMELY risky investments suitable only for highly-experienced accredited investors who can appreciate the risk both to their principal in the case of bad planning or a scam AND to having their capital locked up for 5 years+.