The prelicensing salesperson's course must be at least 75 hours of classroom instruction and the broker's course, 120 hours.In addition, if you have a Bachelor's Degree with a concentration in real estate, you may qualify for a 120-hour qualifying course requirement waiver.

Any advice is greatly appreciated.David,Here's what I do for my multi-family buyers:Yes it is hard to estimate for maintenance because of a lot of variablesBut I know its expense is less for more units, for things like 16+ unit buildings, onsite maintenance room for storage materials, onsite employees use less hours to do work ordersSome entities even volunteer their residents to pick up grounds, hence minimizing your maintenance costsIf hdsupply.com accepts your account they specialize in multi-family buildings and you don't have to use man power for delivery or pickups And yes, you can do analysis paralysis but it might help you the bank's formula DCRThe 1031 buyers look at expenses differently Yes there's a number per door, e.g. if the units have been neglected you will spend at least one month's rent in turn ready unit expense    An organized well lubricated team should turn ready units in 2-3 daysPay close attention to the human factor, i.e. low self-esteem employees who will take longer to turn ready units or do work orders with poorly workmanship, theft, etc In capital expenses, concentrate in a few and more expensive to start with, AC, plumbing, electrical

Being familiar with common business pitfalls and learning how to avoid them, in my opinion, can be learned in the class room (and on BP) when you don't have it all on the line.Personally I majored in business administration with a concentration in entrepreneurial management.

I have been involved in the property management field for a few years now but currently do not own any rentals of my own, me and my business partner currently concentrate our efforts on flips.

They were just concentrating on running their ship.

Within a fairly concentrated area I found about 15 such properties, took some pictures and recorded the addresses, but I'm not really sure what to do next.  

I'll be starting grad school soon in January 2016 with a concentration in real estate.

This is similar to, but not the same as, the yield of beans in China, since China is the most populated nation on earth and the yield is much higher, (which is due to the poor air quality in China and why bean consumption is regulated) with the yield or output being much more concentrated over time.And, why hard money lenders usually don't chase tax liens in Texas, nor do they develop lists for investors to purchase with their funds as they rely more on the security interests in a property rather than a UCC filing.   

That said, it's also important to concentrate your research in not too many countries as the rules about real estate might change thus affecting what you think might be a very good investment.Luca

Concentrating only on high end rentals means that you are more vulnerable to a market downturn.