I am going to continue to look, I see the suggestions made here, and after I study deal analysis a bit more, I will probably try some of those.

I know this analysis is more on the conservative side, but this is the best I could find on the MLS!

I explained I would present an analysis outlining the ARV with the expected rehabber profit and that I will expect to see proof of funds before I would show my list of cash buyers this deal.His response; he wanted to do a separate walk through of the property before making a decision.

What you have is analysis paralysis, which means that you are afraid to take the first step, caught up in the numbers.

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/starthereSetting up Keyword AlertsHow to Use @Mentions on BiggerPockets25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions,take action to snag your first real estate investment deal if new or add to yourexisting holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

Hi guys,I'm super excited to be a part of this community and am still absorbing as much as I can through blogs, forums and podcasts. However, I figured it would be much faster to ask questions and get some feedback.I ...

CAP Rate is a 1st level analysis.  

Start with knowing where to get private money lenders, build a list.Second, find a property you can get under contract and meets your criteria (i.e. 70% of ARV minus repair costs for instance).Third, create your Deal Analysis Report detailing the cost, repairs, ARV and your down payment.Fourth, submit your Deal Analysis Report to various lenders from your list in step one and negotiate a deal with them to close on the property.Fifth, after closing, contact some contractors to bid on repairs.Sixth, get your RE agent to market the property 2 weeks before work completion.Plan for contingencies and holding costs as well as alternate exit strategies.Hope this helps.

The second biggest thing is analysis paralysis.  

There are a series of images from spreadsheet analysis I did of the results of Palm Beach County in FL.