Going to see a property and doing all of the evaluation work before you even know if the seller is willing to negotiate can be very monotonous on top of a huge energy drainer. 

I'm competent and know how to evaluate if a deal is good or not but I don't have thousands of hours under my belt strictly focused on underwriting deals.

You may want to line up financing you have access to so you are not wasting your time evaluating deals that are going to be tough to pull off. 

All I have taken a few steps back to re-evaluate things.I am struggling with some fundamental issues here.OK the reason I have had so much success with my return calls is because I did NOT do  the "tried and proven" techniques.

There's an old adage "Any news is good news", which evaluates to 'at least my name is in the press and people are talking about ME'!

I'm trying to evaluate a potential deal involving a 2.2 acre lot located in a flood plane in Harford County, Md.

You can't renovate a house, and you can't discern a property value, which means you can't evaluate a deal.What you have a ton of, I'd bet, is time.

Managing 17 bank accounts seems cumbersome and think about logging in and out of each account to post separate rents received and constantly haveing to move money around to cover expenses.  

I have no idea why it is completely vacant, they have just renovated it.I would calculate something the same as you but that would be a retail price, will not ever buy retail.If I would actually buy it, the root cause of the buildings current occupancy status would be step number 1, yes.But this post is just how you calculade/evaluate a price for a vacant property.

I’m curious if anyone has re-evaluated leaving properties under an LLC given the new tax law allowing for a 20% profit pass thru deduction on personal taxes from the LLC.