Hi all,The last analysis I posted turned out not to be that hot of a deal.

On the flip side, don't get "paralysis by analysis" and never get off the starting line.

Info:Salary: $57500Wife’s Salary: $36000Debts:Car 1: $9850 @ 5%Car 2: $5376 @ 5%CC: $2500 @ 0% until OctoberStudent Loans: $6625 3% no payments until SeptemberHouse: $105,200 @ 4.625% - Refi possibility to 3.5% if decide to keep itThe house is worth about $185k now (my wife can pull comps and I am positive of this amount the Phoenix home market has shot up dramatically) and we would probably move into a $225k house closer as the prices are much higher in town.Rental analysis https://docs.google.com/spreadsheet/ccc?

Look at mechanical, roofs, appliances etc. to reduce potential for reoccuring repair & maintenance issues and making move-in ready.If you provide a decent analysis of the property which peaks his interest, and he buys and finds you were spot on, whose properties is he gonna look at in the future?

I thought my background in financial analysis may enable me to seek opportunities with commercial real estate investment companies and help me to gain knowledge of that field.I am looking for advice from the forum on ideas and paths to consider as I search for my next employment opportunity.Rick Schneeberg

For all concerned.Acronyms*REI Abbreviations**AFD* - Agreement For Deed*AITD* - All Inclusive Trust Deed*APR* - Annual Percentage Rate*ARM* - Adjustable Rate Mortgage*ARV* - After-Repaired Value*ATR* - Ability to Repay - See CFPB*BOM* - Back On Market*BOR* - Board of Realtors*CAD* - County Appraisal District*Cap* - Capitalization*CCIM* - Certified Commercial Investment Member*CCR* - Conditions, Covenants, and Restrictions*CFD* - Contract for Deed*CFPB* - Consumer Finance Protection Bureau - See ATR*CLTV* - Combined Loan To Value*CMA* - Comparative Market Analysis*COCR* - Cash on Cash Return*COF* - Cost of Funds*COO* - Certificate of Occupancy*CRB* - Certified Residential Broker*CRE* - Creative Real Estate*CRS* - Certified Residential Specialist*DBA* - Doing Business As*DCR* - Debt Coverage Ratio*DOS* - Due On Sale Clause*DOT* - Deed of Trust*DSCR* - Debt Service Coverage Ratio*FCRA* - Fair Credit Reporting Act*FED* - Created the CFPB*FFE* - Furniture, Fixture, and Equipment*FHA* - Federal Housing Administration*FHLMC* - Federal Home Loan Mortgage Corporation, Freddie Mac*FMR* - Fair Market Rent*FMV* - Fair Market Value*FNMA* - Federal National Mortage Association, Fannie Mae*FRBO* - For Rent by Owner*FSBO* - For Sale by Owner*GMAC* - General Motors Acceptance Corporation*GRM* - Gross Rent Multiplier*HELOC* - Home Equity Line of Credit*HML* - Hard Money Lender*HOA* - Homeowners Association*HUD* - Housing and Urban Development*HVAC* - Heating, Ventilation and Air Conditioning*IRA* - Individual Retirement Account*IRC* - Internal Revenue Code*IRR* - Internal Rate of Return*IRS* - Internal Revenue Service*L/O* - Lease Option*L/P* - Lease Purchase*L/S* - Landlord Seller*LIBOR* - London Interbank Offering Rate*LLC* - Limited Liability Company*LOC* - Line of Credit*LOI* - Letter of Intent*LP* - Limited Partnership*LPOA* - Limited Power of Attorney*LTV* - Loan to Value*MAI* - Member Appraisal Institute*MAO* - Maximum Allowable Offer*MIP* - Mortgage Insurance Premium*MLS* - Multiple Listing Service*MUD* - Municipal Utility District*NAR* - National Association of Realtors*NIV* - No Income Verification*NNN* - Triple Net Lease*NOD* - Notice of Default*NOI* - Net Operating Income*NOO* - Non-Owner Occupant*O/F* - Owner Finance*OO* - Owner Occupant*P&S* - Purchase and Sale*PITI* - Principal Interest Taxes Insurance*PMI* - Private Mortgage Insurance*POA* - Power of Attorney*PUD* - Planned Unit Development*REI* - Real Estate Investing / Real Estate Investor*REIA* - Real Estate Investors Association*REIT* - Real Estate Investment Trust*REO* - Real Estate Owned*RMLO* - Registered Mortg Loan Orginator*ROI* - Return On Investment*RTO* - Rent to Own*SFH* - Single Family House*SFR* - Single Family Residence*Sub2* - Buying property subject to existing financing*T/B* - Tenant Buyer*TAA* - Texas Apartment Association*TAR* - Texas Association of Realtors*TIL* - Truth In Lending*TREC* - Texas Real Estate Commission*UBIT* - Unrelated Business Income Tax*UCC* - Uniform Commercial Code*VA* - Department of Veterans Affairs / Veterans AdministrationFORUM ABBREVIATIONS*AFAIK* - As Far As I Know*AFK* - Away From Keyboard*AKA* - Also Known As*BBIAM* - Be Back In a Minute*BFN* - Bye For Now*BRB* - Be Right Back*BTW* - By The Way*CUL* - See You Later*FYI* - For Your Information*G2G* - Got to Go*IMHO* - In My Humble Opinion*IMO* - In My Opinion*LMAO* - Laughing My *** Off*LOL* - Laughing Out Loud*NT* - No Text*ROFL* - Rolling on the Floor Laughing*ROTFLMAO* - Rolling on the Floor Laughing My *** Off*TIA* - Thanks In Advance

You must expect to have some expenses like, but your analysis does not account anything for that category.I see no mention of reserves; over time, things in the building will need replacement (think heating systems and roof); reserves are important to have so that you can incur the cost to replace those systems down the road without putting yourself into financial stress.

Based on the rule of thumb, this project is worth further analysis.

With anything in life, persistence is key.This question can be to not just Sharon, but anyone, based on your analysis of your direct marketing campaigns have you noticed any trends in success rates between hand written, yellow paper, postcards as opposed to letters..etc?

But looking at the data from a few hours analysis it looks like there is still a lot of capital to be deployed.