As you probably already know finding great deals is tough in this competitive industry but definitely possible. 

You could look into working in the real estate industry as part of a property management team and learning to manage rentals.

We always called it FIO in the hotel management industry...meaning Figure It Out one step at a time.

And you have absolutely no place to insult Jay Hinrichs, who has selflessly contributed over 20K posts, and has been in the industry over 40 yrs.

This is definitely an overlooked area that has some accelerating growth associated with the defense industry.

Every deal is different.Franks evaluation is basically industry standard and will get you to where you need to go when doing quick evaluations. 

Recently I’ve been diving deeply into exploring the note industry and learning as much as possible.

Offer: 550k w/ 55k downClosing cost estimate: 15kFinancing: 4.5%, 20 yr amortization  Gross Monthly Rent: $9975Yearly Vacancy at 15%: $17955Mortgage paydown: $31312017 Property Tax: $9000Yearly Management: $9576Insurance: $3000 (really unsure of this number)Utilities: $12000 per year (also very unsure of this number, I estimated high)NOI: $5,342 per monthCashflow: $2,100 per month

As we've grown to 120 units we continually struggle with managing the utilities for our rental units. 

Utilities are generally public and you can call them to get averages, taxes are public as well and can be pulled either from a assessor website or at their office, insurance companies can give you cash value and replacement value quotes by giving them an address, general rule for running calculations for vacancy is 5-10% of gross income, I have seen maintenance expenses all over the map (anywhere from $300-750 or a % of the rent - those vary depending on the number of doors in the deal as well as how much deferred maintenance has to be dealt with or how much rehab you are going to do to negate the deferred maintenance), contracted services, call a few landscapers and get quotes and use those for your analysis.