I just received my Real Estate Salesman License and want to cost out marketing materials and hit the road running.

Can buy all materials for about 1.25 a ft.Another option is, armstrong and usg have a drywall syspension system that installs exactly as a suspended ceiling "drywall grid".

Egress is a big one, as are smoke detectors, and fire rated materials between units (floors).

After many books and the variety of material here on the BP site and podcast, I am ready to get to work and make things happen.

The material they cover may not be what you are focusing on but if you send questions to the teacher they usually try to cover it during the next days webex.

IE wholesaling but that takes money and major sales skills.. and a market that has a lot of excess inventory and rental inventory.. it really depends on where your living and working.. all the guru training materials say just about the same thing there is nothing brand new .. just the same methods or schemes repackaged and regurgitated to enduce those who want it all now and are willing to pay for fast track.think MLM..

Also, does any owners of units simply go through and replace the anode, thermostat, and heating elements for less then $100 in materials and find that has proven to be a solution to get the units to last another 7 to 8 years?

As it stands my knowledge is pretty basic, just what I've learned browsing the forums and gleaming through materials online, but I'm a quick study and want to really make an effort My specific areas of interest are wholesaling, buy and hold for rent purposes, and flipping once I become knowledgeable enough about the Philadelphia market. 

Joe Kim You don't lose anything on wholesale, only time and battery, if you so choose to marketing materials, that too.

Problem with that might be that your GC won't watch the prices on labor which is ridiculously high right now: these mandatory 3 estimates on big jobs might be from couple overpriced big companies and one lower from a friendly company to your GC.You first need to build relationship in the area to know what the prices are generally: labor, materials, location of the property, desired finishes.The last note: good properties go with much higher prices than min bid, because of very competitive market.If you buy a property for $100K, it will be totally different rehab cost, quality of finishes etc than a property for $500.