So it is impossible to use blanket statistics and apply it to the whole market. 

Statistics on REALTORS® and Technology (from http://www.realtor.org/field-guides/field-guide-to-quick-real-estate-statistics) says 89% of REALTORS® use social media to some extent and the top places where REALTORS® place their listings are realtor.com®, Zillow and Trulia.Why didn't realtor.com become what zillow has become?

@Tyus Foster If I may be so bold - I know you don't know me from Adam, so definitely take this with a grain of salt - but I'd maybe challenge the "worry about being abused by your will to work."

You can find market statistics like job growth, pop growth, rent growth etc easily.

How many homes have you purchased from Dean to make a bold comment like that? 

Any statistics?

Bolded items sells the propertyFirst Impressions- Landscaping & Exterior (A potential buyer may never come in if the 1st impression is bad) Exterior could mean tuckpointing if Brick/ power washing/ Paint,...

Congrats on being bold and putting yourself out there.

Assume a project cost in the 10-50mm range in gateway / primary markets 90/10 dealI currently use the following UW Assumptions: cap rate expansion: 5-10 bps per yearrent growth: 2-2.5% annualProduct type:                      mid rise affordable MF spec developmentTerm:                                 3 yrs holdYOC:                                   6-7%Trended ROC/spread:          150 bps > exit capLIRR:                                   16-17% EM:                                      2xLTC:                                    65%LPs pref:                              9%Waterfall:                            80/20 to 13%                                           70/30 to 18%                                           65/35 thereafterLook forward to what others have to sayJust curious if you're able to explain what all of those terms mean and their corresponding statistics that I don't understand.

It is possible that once you have statistical experience in a farm area you could operate this way with the knowledge that every Xth house will be an outlier and cost you significantly more to flip ... it would be a pure numbers (volume) play and seems to me as little risky for someone first starting out.