Hey.I'm from Miami as well and learned after 6 months of analyzing tons of deals, that on-market straight-up simple cashflowing deals can be challenging to find here in Miami (Can find some in Little Havanna maybe), however depending on the capital you have and the number of units you are interested in, Broward county (Hollywood and above) can be much more solid. 

Unlike you, I didn't have a job, savings, a real plan and I certainly knew nothing about real estate.You have a lot going for you already, just stay on your path and don't over analyze every step or you'll be 40 and looking back saying "I wish I would have..."

Maryem and her team have helped me analyze deals.  

We are looking at this triplex unit and wanted to get opinions on the deal.  We are not showing a management fee because we are planning on renting one of the units to our daughter and have her serve as the manager fo...

I'm analyzing smaller multi family units and also as a team looking into syndicating it.

I analyze the deal before I even physically look at the property.  

Example if you can’t handle asbestos or underground gas tanks, analyzing and remedies, stay away. 

Not only that, but in the vast majority of towns and cities, it would be more cost effective to give every poor person lacking a car an inexpesive car with free gas, insurance, and maintenance than it is to subsidize transportation for them.The elites never give up their cars. 

Is there something I need to account for when analyzing a current home? 

@Angel Perez going off the numbers provided here's how I would analyze this transaction:Purchase price = $166kRehab needed = $78kClosing Costs = $14kTotal Costs for this property = $258,000Total Value of this property = $290,000Costs are 89% of the ARV of the property.