The local CRE brokers should be able to provide you with Cap rates in the different sub markets and property class.

This isn't like classes in school, but it's still a learning process.

I have been listening to the BP podcasts for a few months now and have started recently pre-license RE classes.

Just took my 40 hour class and now going to start applying to take the state exam.

Area isn't especially good or bad, it's pretty average for across Philadelphia's working class neighborhoods.

It gives a very practical meaning to the idea of making a class C apartment "clean and functional".

You have to learn a lot of BS and time wasting classes, and I just see my peers doing what they are told and never question anything, like why do I have to do this?

Well unlike the upper class where that is the name of the game I viewed it as nepotism at the time and didn't call.Well one day I was getting on the elevator at work and there was Henry Kaiser on the elevator with the president of our division and the head metallurgist, Henry said Brian is that you, what are you doing here?.

I've sacrificed money towards a few guru classes, which I truly believe will pay off in the long run, and a good chunk of money towards my business, which will also pay off in the long run.

If a "less desirable" area still has a good pool of applicants, working class vs. war zone/no income, that's where the opportunity is.