Here's a few links to get you started.https://www.biggerpockets.com/renewsblog/2014/02/14/70-rule-bible/https://www.biggerpockets.com/renewsblog/2010/7/10/new-investors-focus-target-markets/https://www.biggerpockets.com/renewsblog/2014/04/11/your-target-real-estate-market/https://www.biggerpockets.com/renewsblog/2010/06/30/introduction-to-real-estate-analysis-investing/https://www.biggerpockets.com/renewsblog/2013/01/19/real-estate-math/

The property is in rentable condition.Agreed Upon Price: 146000Wrapped in Closing costs :5000Total Loan:145,700Monthly Expenses (Tenants Pay Utilities)Principle and Interest ( 3.8% for 30 years): 690Insurance: 200Taxes: 303MPI: 1048.3% Vacancy: 228Cap Ex 8%: 220Maintenance 8%: 220Property Management 10%: 275Water and Sewer: 50Total Monthly Expenses: $2,290Gross Monthly Rent: $2,750Total Monthly Cash Flow = $460Total Annual Cash Flow = $5,5201 year Cash on Cash Return = 62.13%Total Cash Needed = $8,884Down Payment = 5285Closing Costs= 2575Title Insurance= 600Pre-Paid Tax= 2424Pre-Paid Insurance= 3000Wrapped CC= -5000Does my math make sense to you?  

Now my math could be wrong and I welcome any corrections!

Make sure you understand the math behind the investment.  

I by no means want to take the IRS code for granted, but just like a math problem, given the general scenario i presented, there is a set of variables in a formula and there can only be one right answer .  

Run the math and compare the money you won't get from buy and hold vs. the money you would pay for mortgage, taxes, and maintenance. 

She wants to do business but I'm not sure how to do the math on the properties because she must also receive her 6% commission.  

She wants to do business but I'm not sure how to do the math on the properties because she must also receive her 6% commission.

losing a deal because someone wants to pay more than what your math says you should pay, isn't losing a deal, that's how i look at it. there will always be more deals :)

Tax DepreciationDepending on your rules of importance inside of these pillars would decide if a deal is worth pursuing, It becomes simple math and sticking to your business model.I have many investors from your part of the country, I have a very good friend from your town by the name of Darren Hunter and he actually has asked me to come speak at the LPMA Gold Coast event next year on this topic for their national convention.I am not sure if that helped but if you or anyone else would like to chat more PM me and would be happy to explain in more detail