Look at the property, analyze the repairs, is the current tenant paying rent, review the lease, etc.  

I have a bit of cash saved up (about 45K), and I work at a blue-collar job as an Amazon warehouse employee (around 41K/year working 60 hours a week).I listen to at least 7 hours of BP podcasts or business books per workday at my job and am at a point where I am pretty sure I know what I am doing in regards to analyzing deals and getting to know the area I would like to invest in.

I use Landlord's Cashflow Analyzer software (Canadian Edition).

In the RE space, that means you need to be in and out of a deal quickly or refinance your principal out of the deal so that you can recycle that money in another deal (which is why the BRRRR strategy is so popular).

I have analyzed over 30 deals and walked more than 1/2 of those, using my contractor experience to determine Reno Costs.

The bottom line is that “good” is subjective and is based on your willingness to take risks.IRR [Internal Rate of Return]When looking to analyze potential real estate investments, there are different metrics available.

@Dave SpoonerYes I put in some info to get a quote from a popular online mortgage co.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, ...

Hey Jamila,The first steps I would recommend as a new investor is to get a handle on analyzing the income, expenses and ROI of these properties in Bridgeport CT.