I analyze THEM, there hopes, dreams, goals, needs, wants, resources, assets, liabilities, budgets, hinderances, stress tolerance, time allotment, risk tolerance and about 74 other factors so I can best develop an investing strategy for today's position, tomorrows, and all the evolutions and the years to come.

I can almost guarantee you will over-pay if you try and buy in these popular areas.

This situation leads me to think how positive  it is to analyze small cities or suburban areas to invest in FUTURE whit reasonable prices, THE QUESTION IS: In big cities like Miami or similar one ; we investors  have to invest large sums of money to obtain a low return while  in suburban areas or small cities we have to invest a little to obtain good returns.

I am currently taking property management classes at the same time looking to get into a landlord training class either way i'm jumping into my first multifamily with in the next 25-30 (when my cash out refi closes) In the meantime I have been learning as much as i can in the landlord/property management areas while still searching and analyzing deals.I am investing in Massachusetts  and not apposed to investing out of state.

Agree with what everyone has said about analyzing the numbers.

As a realtor, I like to show my investor clients how I analyze deals, how I find out the performance of units, then of course how the area is.

It logistically makes the most sense with where we're at, and I factored in standard PM costs when I analyzed this deal. 

View report
*This link comes directly from our calculators, based on information input by the member who posted.

Not the ability to market, negotiate, analyze, take photos etc. 

We always looking and analyzing deals using the 65 percent, 70 percent and (or) 75 percent rule minus repairs.