Every change in operating income is multiplied by the earnings multiplier for that asset class. 

From my experience, if I had started in real estate right after school, I would have very little network and little to no funds for the RE exam, CE classes, and networking registrations.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

There is a house with my dad and his sister (my aunt) on the deed. My dad want's nothing more to do with the house due to disagreements with my aunt. Since I want to get into real estate I thought this would be a good...

FL seems to have reigned in HOAs recently, so who knows what they are allowed to do.I know that in CA, an HOA can ban smoking in units because smoking is not a protected class and the HOA has an interest in the safety & health of the building. 

Take the average household income in an area of working class residents. 

We have classes in addition that we offer. 

-- solid strategy as well, if you go this route I would consider investing with an operator that specializes in this asset class.

I am familiar with class A, B, or C properties but not markets.