But maybe this angle sheds some light...Recently sat down with a RE Attorney who brought up some key things when I was (over/under)analyzing a deal in the works.

I have been practicing analyzing some buy and hold deals in my area and came across this one that seems like a pretty good deal on a duplex.

but rather analyzing the total deal from after-repair-value backwards.

I'd personally forget about both of those rules if you are at the point of analyzing an actual potential buy.http://www.biggerpockets.com/renewsblog/2013/04/14/the-2-percent-rule/But regardless of the helpfulness of those rules, I hate those rules.

Do you feel comfortable giving us the address so we can analyze the deal for you?

Check out Brandon Turners link on how to quickly analyze a property.

ROI of 9% nowadays is a great deal in my opinion given the nature of today's market.

So, I started looking after 15 mo. and the property was purchased at 24 mo.Since you're needing to deal with some financial stuff, start your REI now by analyzing deals on the MLS.

I've often thought about building investment properties, but for 2-4 unit properties, the numbers have never worked out on paper in my areas (at least not based on how I was analyzing them).

I need to better familiarize myself with CoC return yields and CAP rates for my area to analyze this deal.