I am still trying to learn the ropes of finding and analyzing a good deal. 

Monthly Buy and Hold Expenses:Mortgage & Interest Vacancy (5% of monthly rent)Repairs (5% of monthly rent)Property Taxes InsuranceCap Ex (I had this set at $185 for any property I analyzed.

Any tips on how to go about  creating the rental application, and analyzing their credit and background checks? 

I have a partner who is a broker in 12 states, so he throws me a ton of deals to analyze.

I want to be able to start analyzing properties near me (Lakewood CA) but I am having a hard time figuring out rehab costs on properties on the MLS.

Hi,This is the first property that I am analyzing for real and don't see how to do a Lien search.There is a very, very inexpensive foreclosure auction near a University in Northern California.

Well, if you learn in a club and everyone analyzes deals the same way, same template, then when a deal you find and put together passes the "guru" stamp of approval, you won't have to learn how to raise capital as there are thousands of members that get to see your deal and will likely put in money if its a good deal.

This is my first attempt at analyzing a market, so please be brutally honest if I am off somewhere.

Then suddenly the webinar switches to the next one in 6 days "How to Analyze Rental Properties for Maximum Cash Flow." 

Have you analyzed your local market to figure out what a deal even looks like?