In the real world, remodeling homes is the art of working with the circumstances as they are to come up with a good, safe, functional situation that someone can actually afford.

Alternatively, those wishing to register must pass an examination which assesses the candidate's aptitude and professional skill relating to the specialized area of agency within which they wish to work.

  @Benjamin Muellerfor something that small, I use the lazy-man version of what @Art Allen has described.

My personal REI strategy is the fix and rent strategy but I am faced with the sad truth of limited contracting skills so fixing up properties properly is a challenge for me.

Now he has a skill he can use for the rest of his life .

Regarding your baseline of skills and capacity you state you're interested in multi-family.  

But what is your real estate skill set?

I think getting started in real estate is hard but you got to get started somehow.Learning local values of  listeds and solds are very important plus your local property management lawsThen learning how private lending works and marketing for joint venture partners I think are the other critical skills to becoming a millionaireYou are not going to be able to do it all by yourself so realize  Real Estate is a team sport Being able to pick up the phone and get money quickly is very important@mason

(Industrial Arts)  Former craft and hobby store owner,  siding and roofing contractor, and tax preparer.  

This gets your arv- after repair value Then you need to learn the skills to accurately pin down how much repairs a house needs to get it to that value.