@Antonio ResendizI analyze based on the return that we are getting with our investors' money. - Annualized ROIFor Rentals that we hold in our portfolio, that were perhaps once BRRRRs, I analyze based on ROE - Return on EquityI used this equation to back into my maximum allowable offer (MAO): ARV - Rehab Costs - Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage of ARV = MAO

Consider consulting with a real estate professional or financial advisor to help make an informed decision based on your individual circumstances and goals. 

@Joshua Logan I'm out of the Mankato area, we invest in Section8 apartment buildings (Project Based HUD properties).

At this stage, based on your post, you would wait until its listed then contact the listing agent to purchase it.

Establish the value based on your own market analysis.Your property is a rental once it is placed in service - typically the date it is advertised as available.Check your home owners insurance policy and make sure it covers rental operations - I expect it does not.

Gluing the pad to the step might cause it in time to delaminate(since it's glued to the plank with a pressure sensitive) and release from the step especially when people are coming down the steps.Your chart covers a lot of the bases but not the ones that can't get you in trouble namely concerning the install.

Other than a post or two on social media I haven't done anything else for lead generation and to build a client base.

We have about 50 properties under management in Kissimmee and Davenport, and can definitely help you with a step by step guide based on our experience.

Make your offers based only on what works for you, not what it takes to get the property. 

Based on the limited info - back of the napkin says not to go any further on the duplex you're looking at unless you have deep pockets to carry it while you wait for the capital gain.