Meanwhile, listen to podcasts to hear how others are making decisions and evaluating deals.

I think we will all re-evaluate our tenant screening processes if we survive this.

But, let’s build our real estate investment practice one step at the time, and use this uncertain time to improve rather than sit-and-wait.Before diving into detailed analysis, use 1% rule to quickly evaluate dealsIf a property passes 1% rule, then look deeperWhen focused on cash flow, focus on annual cash-on-cash returnHave a thorough estimate on investment cashPlease include closing cost, the % varies by regionAdjustment % of downpaymentMonthly expense = monthly operating expense + monthly mortgage expenseFor mortgage expense, use established mortgage calculator (e.g.

I've done quite a bit of reading and have been evaluating properties in the market I want to get started in for a bit.

Obviously, there will be additional costs associated with syndication, so common sense will need to be used when evaluating the deal. 

What I think @Jaron Walling is saying, is to re-evaluate opening up an LLC for your first purchase and the situation you are in.

Remember that there are multiple strategies and it is a matter  of what works for you and your lifestyle.I did a 2 video series with an amazing market and investor that might be helpful in evaluating your portfolio and what to look for.

As I stated, I am brand new to REI and I am evaluating properties for my first deal, so your input is extremely helpful to me.

IMHO that is less important than understanding how to uncover profitable deals, evaluate them, & how to actually execute & operate. 

I'm not a flipper and this will be my primary residence but I should at least put a stake in the ground to be able to evaluate, correct?