@Michele Fischer   So it is really common practice to raise rent a little each year?

I practically grew up around real estate.

Though I'm still keeping my eyes ears and options open just in case that unbelievable deal comes along..I'm using this time to learn from the experts, networking, and practicing with BP's analytical tools with the properties now on the market...you never know...good luck to you too....z,  y

Expecting you to cash flow the project from outside sources of income does not sound practical.

For me the online practice tests were helpful.

@William M. it's a wide practice that heavily unregulated but heavily fined by the RE Commission.

Is this normal practice?  

I have been practicing running the numbers on properties I find, but I have no idea how to estimate ARV.

They have good training programs, good company culture, good orientation to help you grow beyond being just an agent, and when you start completing a lot of sales, they are a smart financial choice.

Plus, you will need to learn more professionals skills and that take time, and a bit of corporate culture.