How do you determine if you have a deal?

@Alexander SchillerThere are several online calculator to help determine closing costs, here are a couple:http://www.anytimeestimate.com/SELLER-CLOSING-COST...http://www.setcoservices.com/cost_calculator.htmAs for holding costs, you need to take into account:  taxes, insurance, utilities.  

I think you personally have to determine which ones are most important to you.

Gary, first off I would select a few areas, and determine what price range you would like to invest. 

They will determine based on your credit score and income whether or not you qualify for a mortgage.

In the recent months I've jumped back into wholesaling determined to make it work and learned the entire process.

Did you just use a higher cap rate to determine what to offer since it is C class?

If you aren't already filing a Schedule C then you need to determine if it's worth tracking the expenses you are asking about if there is no self-employment income that you can offset.

I do however need an investor friendly realtor and contractor on my team to help me with comps and repair estimates to help me determine my offer.  

Being a numbers guy, I was quickly able to determine that even if I had the capital, a buy and hold in DC won't make sense (in most cases) unless I'm purchasing an apartment building, which is definitely on the radar.