In TX, there are classes and a test. 

You could always have a roofer do a core test ( cut a hole in roof to find out how many layers and depth of insulation.

Being here in SOCAL I think that prices are just overly expensive and anything I look at never passes the 2 percent or 50 percent test.

I hired a neighbor to clean the place, and I posted it for rent for $1,050-just to test the market.

They should be as objective as possible, though.Re: tying up a property:  This should be done saying you can write up an LOI and will issue a formal purchase contract once the building has passed your initial underwriting tests or not... it kinda depends on the situation.

I'm studying the pre-license course now and plan on taking the test march/April.

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The test is nothing difficult, but the reason why the fail rate for agents is incredibly high (above 85%) Is because it's a hard career to survive in.

I always recommend that people take the "cram" course online to prepare for the test.Once you are ready to take the test, you will need to find a sponsor. 

Cash on cash should go up over time (you can test your rising rents theory s I’m sure there’s a spot you’re entering rent increases as a percent (put 0%).On the other hand, ROE: return on equity will go down as you’re adding equity and only saving interest on paydown and generating no extra “income” with appreciation.