Lastly, it would be best to start engaging in the RE community in the Greater Boston area to hear what people are doing and how you can emulate their business model. 

., there is no simple formula, as you need to look at upcoming Capex items for the rest of your projected hold period, and need to factor in appreciation (or stagnation) of values.  

Turnover kills potential profit down here in my property class and in my handyman business model or almost any self-managed model similar to it.2.

Those are two big ticket items.

The prices were the same or higher than mine, plus they included the above 3 items.5.

Just ask them in writing  not to discuss any items with the seller. 

And I near to never hear it spoken of in open public forums like this yet, inside the world of Institutional/Professional REI it is the single most centric item we discuss, analyze, assess, quantify, weigh and measure. 

I understand this model wouldn’t work for most but I tend to buy property very low and have low holding costs.

He opened the coolest-looking excel model for a prospective property they were looking to buy out-of-state.

The biggest mistakes are typically at purchase - over paying or missing large rehab items needed.