There are dozens of other factors in your criteria but you get the point for multi-family.If you're doing single family look for areas that have good school districts, large populations, high list-to-sales price ratio, low days on market, path of progress, etc...You don't need algorithms.

Always search for the places that have right connectivity to schools and hospitals.

We both work full time jobs (I am a sales manager of a Toyota store) and she is a school teacher so the real estate license may take time.   

Naoise,What area were you thinking of investing in and where did you go to school?

Also looking to acquire the skills to eventually build a house from the ground up.Right now I'm still enrolled in school majoring in business management and debating if I should go for a dual major in IT.

I'm 18 just graduated high school and currently working full time at a pharmacy delivering medications.

I went to school for this and I'm still trying to get up and running.

My Plan:I am looking for a reliable property, which means it has to be in great condition since I will be investing remotely, and close to decent schools (very important), with low crime rate neighborhoods, and for the last but not least a great management company. 

It depends on the school district.

I think that's the best thing you can do - starting off a new PM business using old school reporting will prove problematic quickly.