It’s been said over the years that real estate investors make their money when they buy. Due to this important success factor in real estate investing, it’s important to conduct due diligence ahead of time. Real estate investors often refer to this due diligence as deal analysis. During the deal analysis process, investors will take into consideration a variety of factors. These include the rental income potential of the property, the tax benefits of purchasing the property, as well as a detailed analysis of all the property’s expenses. Investors that are new to real estate often fail to take into consideration all the different expenses that go into a rental property. Commonly missed expenses in the deal analysis process include vacancy allowance, capital expenses, and property management fees. Using a detailed rental property analysis spreadsheet can make this due diligence faster and easier.