In last 3-4 months I have analyzed over half a dozen deals from wholesellers, and there was no way I could have made those numbers work. 

Having gone through law school, I know Texas property laws are a bit different than other states, for example, property taxes tend to be higher - something I will have to keep in mind while analyzing properties.

Also, please get into the habit of analyzing CONSERVATIVELY.

If you need to just build your fico, open some new accounts to boost your dti% and just analyze deals until the market drops and pounce with your new wisdom and credit built.

I've been educating myself for several months, and am ready to make a move, but none of the deals I analyze seem worth the trouble.  

The rehab is what the rehab costs is.....but that would take some actual analyzing of what needs to be done, and the cost to do it.  

trying to wrap my head around a choice I have with a rental propertyI recently finish turning a house into legal duplex.new value is $430,000-450,000remaining mortgage is $173,000my mortgage is up for renewal On July bank is offering me 2.24 rate two year fix.cash flow with this new rate will give me about $1000 per month give/takeHowever, I am considering using the equity to invest in a new property.I can refinance with B lender at 4 % rate with $1000 lender fee and get $150,000  (cant refinance with bank)would likely allow me purchasing another property, turn it to legal duplex and get around 500$ cash flow per month.what is the best way to analyze the numbers and  compare those two  options? 

I'll look into different financing options like you said as well as analyzing any deal based on one or two rooms becoming vacant.  

Thanks in advance for any help on analyzing this one. 

Thanks in advance for any help on analyzing this one.