The costs were 3-5k for the study.That said the two biggest factors are time of hold of your deal and how much the property is worth.

My point is make your main income something you love to do.

If you have a RE license/real estate is your full time profession, you pay reg taxes on profits from selling real estate- I buy and hold for at least a year and sell some flips periodically so that is not my main business and I pay a much lower tax rate as mine are capital gains

We are mainly looking to use the property for cash flow as opposed to appreciation.

Currently, I am looking to build up my capital so I am looking mainly for fix-and-flip opportunities.

My main goal is to learn as much as I can now before jumping in head first- work smarter, not harder. 

The main issue I found was that sometimes, even though the home is abandoned, the owner still has that abandoned address with an untouched mailbox as their mailing address, so you know they won’t get your letter.

I pulled for within 0.75 miles of the main properties (All comps pulled from 0.75 with sales done within 180days) and came up with these numbers.Property 1 estimated value $910k Selling at $741k. 3/1 N.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hi BP, Nat & Jocelyn here, we have been analyzing deals in our area for the last 2 months, looking mainly at multifamilies.

Although I am a Realtor and have access to the MLS and can see old listings, I have seen that Redfin has been pretty reliable as a #2 option.All in all, you want to compare properties with as many similar features as possible and be aware of the obvious outliers, with the main culprit being size difference (You really don't want to compare a 3000 sq. ft. house with 3 bedrooms to a 900 sq. ft. house with 3 bedrooms).