Focus on arv...asking price doesn't matter in this equation when evaluating a good deal.

But you will want to evaluate it for yourself and see what you are actually comfortable paying. 

Hello,My name is Mitchell Hoesing. I've recently finished a Master's degree and have no job which means that I have time to dedicate to REI. I've read books and watched videos but have zero experience. So, I am lookin...

Lot depends on your evaluation and how much pre work you have already done.

I seem to have a really hard time find and evaluating property in general.

@Jessica CooperInvesting in Texas real estate presents a lucrative opportunity, but requires careful evaluation of market dynamics, property taxes, and insurance costs.

This thorough investigation helps identify potential red flags and ensures that the sponsor has the resources and expertise to execute the project successfully.Financial AnalysisExamine the sponsor's financial statements, funding sources, and capital structure to evaluate their financial health and stability.

My biggest piece of advice would be to take it slow and learn to evaluate different options and strategies and hear different opinions (you don't have to take them all and use them, see what works for you... there are a lot of them on these forums LOL) as soon as you can.

Or for the more seasoned investors, how do you go about evaluating neighborhoods while out of state?

Before proceeding, I am seeking your expertise to evaluate whether this investment opportunity aligns with sound financial considerations.