.: Hi All,I was wondering are you still using the 1% rule when doing quick and dirty new deal analysis?

There is no way to analyze it and based on the analysis decide what is a good price or bad price. 

I too am in the process, granted the beginning stages of leaving my W2 job, to pursue real estate and just got licensed this year. keep up the great work!

Quote from @Hector Espinosa: Hi All,I would like to hear your comments about the following property, which I think, based on the analysis I made, seems to a be a potential good investment:* Purchase Price: $98,000* Monthly Cash Flow: $310* Annual Cash Flow: $3731* CoC ROI: 15.86%* 5-year annualized return: 15.35% (with a profit if sold of $25K)Also, what are some of the disadvantages of buying old houses? 

Have a future load analysis done and get estimate for what you want. 

What analysis did you do to come up with these areas?

If that's the case and you aren't viewing more properties in person than you are making spreadsheets on, you are destined for analysis paralysis.Spreadsheets can only tell you estimations based on numbers given to you online or by a real estate agent whose job is to sell the property.

We use Hospitable as our PMS for automated messages and calendar syncing, PriceLabs for dynamic pricing and market analysis, Minut for noise monitoring, Schlage Encode locks, Ring cameras, and the Google suite for shopping spreadsheets and owner monthly invoices.

Hello @Isuf Aruci What you are describing is a what we, in the AEC/Construction industry, typically refer as a feasibility report and/or property analysis.

It sounds like you're at a stage where you're ready to scale up.