Our general method for evaluating properties is to look at the monthly cash flow (clearly we want this in the positive).  

This might not be the usual "success" post in this forum category, but to me it belongs here as I can say I had a successful week as the first time evaluating an out-of-state investing market. 

The money coming in from one unit will help out quite a bit... really need to evaluate this situation.  

I have a good idea of what I could charge for rent in the area but what is a good way to evaluate what I should pay for it?  

Your underwriting experience is going to give you a tremendous leg up in evaluating deals based on risk.  

I am also an investor so I know how to evaluate deals.  

The 50% rule should be used to evaluate a deal, so if the rents are $1,200 total, the 50% rule says that expenses not counting your house payment will be 50% so $600, then you take $600 and subtract your mortgage payment, and that's your projected cashflow, in this case, probably negative.

Fixing and flipping ..how do you find out the information to evaluate your property like points , your rehab costs your insurance etc ..

While doing this you also have to evaluate the house.

Hi everyone I had question or rather a strategy/scenario that I was hoping you all would be able to help me evaluate.