You will learn a ton of skills and information like this.Then you can move forward from there.- it's always good to see another Hoosier utilizing this great site!

Look for signs of water damage, marks on the floor, soft wood, stains, etc.

@Jay HinrichsCan't duplicate talent, it's like stock brokerage or financial planning firms, all about human skill sets :)

- Is construction costs (soft and hard) of $175 PSF for a new apartment building sound reasonable? 

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.

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