I try to analyze a property as if it's going to be a full on rental without me living in it because with how the market is right now and in the area that I am in, I will never break even just house hacking. 

I have already began to analyze deals, look at properties, and find the areas I am interested in investing in.

So if there was an undiscovered area that is becoming very popular all of a sudden, then fix and flips make a lot of sense.So I would say analyze your local market trends and what properties could rent for versus how much you can make on a fix and flip.

Also, start looking at the MLS (zillow, trulia, redfin) and start analyzing deals.

I am having a hard time finding many resources that describe how to get data to make informed decisions and how to analyze a deal.

Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, ...

Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, ...

Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, ...

BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators

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*This link comes directly from our calculators, based on information input by the member who posted.Okay I figured out how to add the calculator directly to the post.  Just hoping my repa...