If you're unsure of your potential returns, I'd invest into a tool like AirDNA or AllTheRooms to better analyze the market and then just go for it.Hope this helps!

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

So, books are great, but I would like some of you to tell me the way to take advantage of the next questions:1- How do you analyze a property?   

We purchase from auctions quite often and they're usually sight unseen, here in cali you get a lot that are occupied with makes it worse, and vast majority have a really quick closing date which means most people use a hard money loan or cash.

So, books are great, but I would like some of you to tell me the way to take advantage of the next questions:1- How do you analyze a property?

My realtor gave me the CMA noting that it was well below the market price with 260k being the lower end, however I am skeptical of the CMA since the quality, the finishing and layout of the listed houses were vastly different. 

As you probably already know the bigger pockets calculator you can use to analyze your deals.

when deciding where to move, do you start by analyzing the state first?

I just sold my rental of 5-years and need to 1031 exchange into a new property ASAP.I've dove into a couple of opportunities now and have learned a lot on how to analyze deals and look closely at cash flow.  

To quickly analyze a deal, I use repairs 5%, vacancy 5%, capex 5%, and property management 10%.