Hi everyone,I’m exploring a tool idea and would love some honest feedback from active investors.How do you currently analyze potential deals?

Conventional lenders don’t allow a seller second behind their loan anymore, so the structure has shifted a bit, but the idea still works.A good example I saw recently involved a small eight-unit building listed at $720,000.

@Matthew SamsonPosting is a great idea to keep yourself accountable. 

Of course I have no idea about his background in other kinds of education as it relates to running a syndication or fund.

I'd be interested in what people think of the following strategy ideas:- Call 3-5 realtors and say that I'll pay them 2-3% of the purchase price if they find an off-market property that we close on.- Call local banks and ask if they hold any mortgages that are in default- I've heard you can pull lists of owners that are over a certain age, or own their properties outright (the idea being that they might be retiring, moving south, and would be interested in getting a bunch of cash, or seller financing.Thanks in advance for any advice.- Lowell Bailey

I like tge ideas of multi family homes, longer term rentals, fix and flips, short term vacation rentals and commercial opportunities like rv parks/campgrounds etc. 

.: @Derik S.in my opinion - no, brand new investors should not partner.if you need more money, save up more money.hope this helpsIt's an excellent idea, but like Nicholas said, not in the beginning. 

Poke around a lot on Zillow to see what others are doing with their properties to give you an idea on values of both renting out the entire house v. what you could get for a room.  

I don't like the idea of putting the choice of tenant in his hands (without a background check and my vetting).

They told me they ran their own comps and believe the value is around $725,000.The first thing I did was check Zillow just to get a rough idea, and Zillow’s estimate is closer to $650,000.Since I don’t have access to the MLS, what’s the best way to pull reliable comps so I can make sure we’re working off the right number?