Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

New paint, can lights, fixed the fence and staged it beautifully made all the difference.

As you mentioned cash flow can be a difficult pursuit especially in the early stages of ownership.

I am in the stage of deal finding and analyzing.

I  have a contact in multifamily that may be able to help.Dennis Hi Dennis, mainly single family, but would not rule out small multi fam at this stage in my investing career. thanks.  

That gets you started, and maybe off to the races.Rule # Two – Understand what You are DoingThe market research process consists of six discrete stages or steps.

Its walking distance to an A rated elementary school.

I'm in the planning stage to start flipping soon, I have a partner,  both of us are Marine vets, and I'm wondering if there are any experienced flippers/REI's that wouldn't mind giving a young lad some advice.

Construction can be staged in the front yard, but it will cost more.Another approach is to crane in a modular detached ADU.

Until then, you inherit the tenant and the current leaseBest you can do at this stage is get records on rent payment history and a copy of the current lease as well as a estoppel...... you want to make sure what the status of rent payments and deposits are, so you know exactly where you stand when you inherit them and what the future may hold.