Double check the rents and run a comp analysis to see what other "like" properties are renting for to make sure yours isn't overstated.2.

That means the $1M you should have in PV represents 2 times what you have now...and should also double the CF from what you would have if you rented both sides.

It's a four Plex with 2 one bed and one bath.

Properties under 100K are high risk singles or doubles in tough areas.It’s important you understand what areas you are getting into and what the risk is on each property.I have seen a ton of investors chase what we call “paper returns”They look great on a spreadsheet but reality can be painfully different.Location is the first most important category, asset condition is second, returns are third.You have to have a grading system and an analysis system in place to find a great property.

If you have contractors you know, you should be okay, but if you are relying on people to come and do the work, make sure you double your timelines. 

I know tools such as the BP calculators are available for use, but I want to learn what goes on behind the scenes to fully understand the numbers (math) and specifically what it means so i can better gain an understanding & make better investment decisions when the time comes.Any advice/ tips or tricks on analyzing deals & double checking the numbers (before proceeding with the deal? 

Purchase price: $123,500 Cash invested: $85,000 Sale price: $406,0003 bed / 2bath, 1,336 square feet building, 8,040 square feet lot sizeNeglected and run down property, occupied by unauthorized hoarders How did you find this deal and how did you negotiate it?

There were mostly doubles and triples at the time of purchase.  

How many people put off getting started in 2012 when there were talks of the double dip recession?

You shouldn’t have to ask any questions, other than what it is, they should have a criteria…EX:Less than 20 years old, 1800-2500sf, 3+bed/2+ bath, 2+ garage, stucco siding, non-flat tile roof, no grass in these zip codes/areas.