Deal Numbers:Property as-is worth ~415kPurchasing for 360kTaking 295k 1st position loan "subject to"Seller is financing 30k in 2nd position Downpayment of 35k at closing Here's the sticking point - I've analyzed this as a AirBnb/VRBO rental and based on past rents in peak season, the property gets $300-$350/night.

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This is accomplished by gathering, validating and analyzing data in the following 3 areas:FinancialPhysicalLocaleEach due diligence process is different based on the unique elements of the deal and features of the property.

Currently I am just analyzing and not looking to buy yet, but I want to see how close you guys think I am in my analysis.This is the deal I was looking at.If I were to buy this deal, I would be house hacking it (I would be living in the master bedroom in the top unit.)

I have been analyzing the properties with the consideration of living there the first year as well as once I move out and am renting out all units.

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*This link comes directly from our calculators, based on information input by the member who posted.I'm a NJ RE agent in my 15th year, but new investor who is longtime on BP and suffering...

@Jaysen Medhurst I agree, I am still in the education phase and finding and analyzing good deals is a challenge for me.

When you start analyzing MSA’s, and sub markets of course these will be different across the nation, which is why focusing on certain markets will be key.  

Hello BP Community,Anytime I am analyzing a potential investment property, the 1% rule lingers in the back of my mind and makes me hesitant about pulling the trigger on a deal.

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