That said, my shorter term goal is to analyze as many deals as possible over the next 3 months so I can stay sharp and develop a better feel for values in the neighborhoods I am interested in. 

I'm hoping to get some feedback on the step by step method you would take as a newbie choosing a neighborhood and analyzing that market.

Are there tools that provide users the customization to analyze different markets, locations, etc. 

Always make sure the numbers are analyzed carefully!

Hi everyone. I found a 16+ acre farmette that needs updating. House built in !1900 is ok, but needs estimated $80,000 of updates . 3000sft  6 bed 2 ba. Any farmette in my area that is in decent shape is snapped up in ...

Luckily, you've found the right place to do that.Here's where you might want to start:- Learn about how to analyze flip deals (perhaps type "flip formula" or "flip analysis" into the search box here)- Learn how to estimate ARV (perhaps type "estimate ARV" into the search box)- Learn how to estimate rehab costs (perhaps type "estimating rehab" into the search box)- Learn about fixed costs (perhaps type "fixed costs" into the search boxOnce you understand those basics, you can start doing basic analysis of properties.  

I have been analyzing tris and quads in the upstate NY region (hudson valley), and am about to start looking at tris and quads in Albany, NY.

I've been working as a property insurance adjuster for 6 years now which has given me lots of experience analyzing damaged houses and figuring out how to fix them.  

There are calculators here on the site under the Analyze tab or check the FilePlace under the resources tab.

Analyze the deal and make sure there is enough margin.