You would also analyze the deals  (BRRRR or flip) and plan the financial side of new acquisitions (loan or cash). 

Poor people analyze risk.

I've analyzed several MFHs that make for awesome deals.  

Last Wednesday's webinar, Brandon mentioned that we could when he was analyzing a deal but never said how.

So I have analyzed this rental property and think it will cash flow at least 100 dollars if i get it for this price.

Analyze properties in the meantime so that when you're ready you have the tools to act fast and get a deal under contract. 

Do you have a specific criteria when analyzing foreclosed properties?

I am Young Investor that is really motivated to house hack and build wealth in real estate , I started reading books and watching videos on how to analyze deals however I learn better when I get hands on experience by someone showing me "live" how to do it so I can ask questions and correcting me if I'm doing something wrong.

Take one of their deals & analyze their analysis & see if you can offer suggestions to help them out while you're learning. 

It provides me with stability because I can project when most of my leases will be expiring (I manage 350 units).There are people in other markets, particularly on the coasts, where a month-to-month makes more sense. you'll have to analyze your situation, consider all factors, and choose which way to go.