While this is the correct text book method of doing it, these days seller's are pricing their properties as though all units are at market rent.

Oh yeah, also there was often SOME value in their offering as many used “filler” consisting of reproductions of parts of real estate textbooks used in college classes.

in simple terms the price is more or less justified if you sold each unit individually  but if you evaluate it as a multifamily property its 50-55% less than the current suggested price .... number example 4 mil asking price valuation (Residential calculation) vs  2 mil valuation (Based on NOI Multi-Family calculation) The property in question is a "text book" built and zoned as multi-family property no doubt... 

I believe the total cost of the course was around $600 which includes the year long access to the course, and two textbooks.

Start with a basic real estate text book, or a basic real estate course at a local college or through a Realtor's Association.  

The CONTENT of your credit profile matters more than a "snapshot-in-time" assessment of the risk you represent as a potential borrower (textbook definition of a credit score).My $0.02 ...

They aren't bad or anything but it's not a college level textbook, it's more of a casual read giving you the basics.

I'm currently reading a couple commercial real estate books (one of which is a textbook) where the author speaks of some of their own experiences (for example, incorrectly verifying all owners of a MF he was trying to purchase thus being unable to sue for breach of contract when they backed out).  

@David Thompson, your blog entry on 25 FAQs was awesome, like a mini-textbook on the ins and outs of participating in a syndication.

It worked out like text book scenario and that deal is what had led me into doing more wholeselling.