Obviously there's a lot I don't know about your deal, but using napkin math and your figures, Id go for it - I think $1600-1800/month is realistic depending on the area at that valuation (just guesstimating the neighborhood quality based on ARV).

However, I did not take the necessary steps as I was hesitant due to lack of funding and having potential buyers for deals.

What made you interested in investing in this type of deal?

I have one roommate willing to pay half the mortgage, so I am trying to figure out how to structure my deal.

What made you interested in investing in this type of deal?

Sometimes buyers don't realize all the houses a buyer agent had to preview (in previous deals, and just agent walkthroughs) to get the neighborhood vibe and trend...numbers and data don't tell the whole truth.I hope that after a year or two of the new rules enough buyers (who got burned) will see that having someone experienced represent and protect their interests is a darned great idea. 

In the competitive landscape for real estate investor websites, the truth is low-cost SEO isn't going to get you deals that make you money. 

Through my marketing I have been getting more deals in Delaware County, PA.  

Would appreciate any advice on how to find and analyze a deal.

Loan officers are quick to tell you they can do the deal just to pull credit and then quicker to stop calling.