There are a lot of events through a group I am associated with that talk on these subjects.

While this is regular due diligence, mistakes can be made when the market is hot and you have to move fast.

The location really caught our eye—close to Uptown Charlotte, which is always a hot area.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

Decatur isnt exactly a hot spot.

I suggested that the agent represent themselves --- that suggestion started a lively discussion on the subject of self-representation on real estate deals.Do you self-represent on real estate deals where you are the buyer/seller?

., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.

From a guest perspective I second everything you said, and would add a hot tub. 

The current rental market in the city in Northern Ontario, Canada is pretty hot and houses for rent are taken pretty quickly.

In terms of is it a good deal that is completely subjective.