Because I got trained and knew that it was just a matter of time I'd find a deal.

It also has the benefit of being local which is great training wheels as you learn how to be a killer host.Now assuming that you mostly want a cool property to stay in sometimes near water and don't want to spend a ton of time managing I really like the outer banks in NC.

Here is the source for the commission rate, right from the Sitzler NAR lawsuit judgement (bold text added):"In addition to training, Plaintiffs have presented expert testimony showing that Section 2-G-1 had the effect of stabilizing commission rates.

Only when the $-train stopped did every accusation of every kind come out.

How long (Months, year) does the training run and what is covered. 

These are professionals with additional training and a stricter code of ethics.

I've visited out there and thought it was a great little area (besides the train...) with a lot of potential.  

If you want to explore MF or any other asset class, the best course is to go to some training courses and get a coach or mentor. 

Education via trail & error is easily the #1 worst way to go about anything today UNLESS your an explorer, inventor, revolutionizing and still all of those have a whole lot of training and education backing them. 

While this review appears comprehensive and objective at first glance, I see a concerning pattern.Looking through William Ferr's posting history on BiggerPockets, there's an unmistakable pattern of consistently promoting Jonathan Halves and his training course The Land Method and his Land Riches Blueprint, while criticizing other educators.