This got me thinking, most every "Deal Analysis" spreadsheet accounts for Vacancy and Maintenance as a percentage of the income generated.  

I don't want to be the person who gets analysis paralysis.  

The best analysis tool?  

You can't use words like "guess" or "about" when making a decision on what rout to take.Find at least 5 properties and analyze them with real numbers, then you can use that to define the basis for your goals.Next, figure out how you are going to buy them, what cash you will get back (cash flow), and then how much money you will have available (and how fast) to move onto your next property.By the way, if you're working full time, how/who is going to manage the rehab, the tenants, the analysis, the business side, etc...These are not road blocks, but they are things you need to establish before you can put a business plan together.  

I apologize for the long-windedness and the possible over-analysis of our issue!

Forth: Most of your response, I believe, came from a misunderstanding of my analysis.

This house has been on the market for a while, and I noticed a $10k drop in price.I tried the BP analysis tool for the first time today and this seems like a good deal. 

I have done the analysis, I will show anyone that partners with me the facts, numbers, the 4 contractor quotes I received, the pictures of the house videos of the house, the ins and outs, they can do a walk through with me, they can get an inspector.If they feel it is a good deal, then they will act on it.Again, what is the difference between them finding said deal all on their own and putting their own money into it, vs. me finding the deal, and they "pretend" they found it, they putting their money into it and what ever THEY make as profit we split.I am not asking for money.

Everything from:(1) contract a property manager, (2) analyze lenders apples-to-apples, (3) engage your contractor (and I've even included a document for your contractor to use to provide you itemized bids on work - no more guessing what you are paying for), (4) a lease agreement, (5) a "checklist" of business incorporation items to launch your real estate LLC and (7) even a BRRRR deal analysis spreadsheet so you can know right away if you'll be making a great deal.These legal docs are enforceable in all States.

For example, I created a simple property analysis form where I enter the address, ARV, rehab estimate, estimated rent and asking price.