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

During analysis of the properties we were in the process of taking out a HELOC on our primary residence, with the plan to use it for investing.     

Taking the plunge can be nerve-wracking and a familiar term on this site is analysis paralysis. 

Create a checklist for what to do for each analysis.

I found a deal recently that I believe is a good cash flow deal, but with limited to added value potential. I'm currently house hacking as my first property that I bought this summer and want assistance on what is a b...

That being said, I don't want to get stuck in analysis paralysis either.It's also worth noting that I utilized a first-time-homebuyer's loan through my parish (county) and if I sell the house I will have to pay back a nominal penalty (rules stipulate it has to be owned for 5 years to avoid penalty.

To get to an offer pice, I need to know taxes, insurance, utilities and other expenses, plus calculate vacancy and capex estimates.For example, here is a rough, round analysis of a typical property in my market.

Only a small portion of any transaction I work on is spent on showing properties - more is spent preparing an analysis, offer, presenting, negotiating, and then doing all of the after-contract stuff.

I would do a detailed analysis this property shows a little promise.Regards,Allen Fletcher

However if you conduct a rental analysis and the numbers check out I say go for it.