Alongside financial preparedness, a solid grasp of your local real estate market is crucial.

A solid grasp of a specific market is essential.

So you will need to have a much better grasp of what some of the real world expenses are - I will venture to say that if you listed the ones that you used to calculate your earlier net cash flow, that the BP members will expose a bunch of other expenses that you neglected to consider.1% rentals at your price points are more likely to be break even deals unless you have lots of good fortune so that things just go well for you and so you encounter no mishaps along the way.

A purchase of less than 1 million seems reasonably within my grasp.  

Although I feel like I have a good grasp, I am an analyzer who is trying not to move into “analysis paralysis.”In addition, I also understand having the right connections is also important.

In my opinion, it takes about 100 houses or so in any given market before you really start to grasp what it is your looking for and what is an ok deal vs good deal vs home run. 

., just on these 2 properties and feel like I have a solid grasp of what to recommend. 

As soon as I get on the island I will have a much better grasp of the market.

As I suspected you have a firm grasp on what it is your looking at.

Do you have any experience with any of the following/owning a housebuilding or remodeling a house"trades" classes in HS or voe-tech schoolbusiness managementproject managementaccountingsalesmarketingengineeringreal estategeneral people skills I am currently a senior pursuing my bachelors in finance so I have a decent grasp on the numbers and business end.