Do your research on the formulas that BRRRR investors and flippers use to analyze deals so you know what to look for and then start reaching out to homeowners that might be in distress and need to sell.

Also, should you get to where you are tired of managing or too busy to manage then you already have it factored in.Another thought, it is good to analyze everything to make sure where you are at with a deal but do not wait forever either.  

When we first got started we were concerned about location, price & schools but soon realized we were over analyzing things.

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*This link comes directly from our calculators, based on information input by the member who posted.

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*This link comes directly from our calculators, based on information input by the member who posted.

I analyzed this 3plex and found some pretty good numbers.  

, and planning for the future.If you are financially in a strong place, I'd also encourage you to start looking at some deals to gain practice in analyzing to get ready to jump if anything juicy pops up.  

In my experience, I've found it is especially important to identify your goal and strategy early on before finding/analyzing properties.

I live in Fargo, ND so I'm just looking around to analyze some deals to get feel for things. 

I'm guessing the vast majority of STRs don't fit this profile.