I  have had tenants associated with the Universities in all of my rentals. 

Many times buyers are new to this and have an idea in their head that might not be rooted in reality.REIT's, and funds with cash are secondary due to the fact they generally do not want a relationship but just things on a deal by deal basis.Third level is partnerships ( family, business associates ) where the people know each other etc.

@Bill Sargeson   I bought a lot at a California tax sale and when I surveyed it the home next door was half way onto my lot making it unbuildable. 

@Kate Stallmann  make sure to double check the condo association's rules and regs on short-term rentals.

Personally I think I could find a number of ways to spend 140 hours and the associated $$ that would bring more bang for the buck than doing a class on home inspections.

Associate yourself with folks who want to learn more and are frantic to be the best.2.

Marketing expenses associated with the acquisition of real estate can be treated the same way.

I think most developers hang their hat on their product and you want to be associated with the best.

Trust me though, when (not if), you make your first million, they will be the 2nd to notice.I always use this story when presented with the same scenario you stated above:"An exit survey was done after a REI presentation to 100 people.  

Each has their merits and associated costs.