Does this mean that you are deducting 2.07% of the market value from net revenue during your analysis?

Analyze the numbers for both refinancing with a cash out, and flipping (don't forget there are more costs/expenses with flipping that take away from your "profit").If the refi analysis shows you will still cash flow enough to make it still worth keeping as a rental, then that is usually your best option.If the flip analysis shows a lot more cash to you after closing than you would get from the cash out if you refinanced,  then that might be the better option since the funds you get might turn your current one property into two properties, with one replacing the lost cash flow (because you flipped it), and the other representing new cash flow.

Trying to educate myself enough to gain confidence in the field and avoid paralysis by analysis.

After my 5 minute property analysis with meeting the 1% and 2% rules, onto deeper analysis with the BP rental analysis tool.  

Hi everyone,I've been looking for my second investment property and I stumbled upon a VA foreclosure. It was listed at $122,900 last week, and they recently dropped the price to $112,900. Homes in the neighborhood are...

Saying you want a turn key investment property under market that cash flows 10% just asks other people to do the analysis for you.

Your local realtor should be able to give you what's called a CMA (Comparative Market Analysis) and tell you his estimated ARV (After Repair Value).

I think the following in section WAC 308-124A-713 explains it.(7) Five years' experience in real estate investment, property management, or analysis of investments or business opportunities.  

@Erik Gray, below is my loose analysis of the Co Springs market that I posted in another thread a few days ago.

First, dump the 50% and 2% analysis.