Level 1 is doing everything yourself from identifying the property, doing the analysis for CF or appreciation, doing the rehab if required, leasing and PM.

If not an expert at market analysis with a decade+ under belt, than hire one!

I’m currently not looking to buy this home (you’ll see why if you read) but I am looking to improve my deal analysis skills!

Once we have that analysis down, you can back into how much financing costs your project can sustain and compare that against the rates and terms offered by local hard money lenders. 

They really rely on slippery slope analysis when considering whether to grant.

@Rick Martin, nice analysis and I think it's great you are examining all your optionsI'm an investor and support myself and my family from my investment income.

I've sort of hit a wall with deal analysis and I'm having a challenge keeping myself accountable. 

Imagine doing deal analysis on a house that you think is 1100 sq ft and it's actually 2500 sqft+!

Hi, Kayla.i see that you are not listing any utilities in your expense analysis.

Daily deal analysis practice #6Purchase price: 295k (25k above list)Cash needed: 67k20% downBuy and hold sfh5% Capex7% Vacancy 5% Maintenance 10% Property Management CoCr: 7.94% (12.19% if self managed)Cash flow: $443 ($680 if self managed)I would probably move forward with this one.