That being said, experience will teach you how to focus in on the properties that work in the area and the HML's that will work with you.

A typical 6 over 1 colonial style sash set runs in the $550-650 range plus install, which is an entirely different skill set than drop in vinyls.

Pensacola is significantly larger and older, Pensacola has a wider variety of construction styles and more multi family available.  

Builder should have: Proper license with state of michiganDone recent project of similar kind in terms of square footage, style, location and price rangeTime availability to manage the project full timeShown experience finishing on time line you are looking forRisk policyGood handle of cost and contractor crew to work withThere are few other items, you can learn and tweak.

From that perspective, we actually got really lucky with one of the best lots, if not my favorite style of house (we have a tri-level).My first investment house was not my first choice, and it had lots of issues.

What is the best and most efficient way to learn about your own market, let alone what is a great book that teaches you the basics of understanding the markets in all shapes and forms.

AI will teach you everything about getting to the NOI but nothing below NOI.The CCIM courses are also exceptional but different than AI courses.

Hi Steven,There are no college degrees that can teach you this.Seems like you are doing very well right now.You might want to think about, making a bulleted list of what you want to learn, ranked in order of importance.Next to each one write down if you think it will be hard or easy for you to learn it (some stuff is boring /some exciting).Then take each item one at a time and start by asking in here, the best way to learn it. 

One is to pick specific classes and seminars that teach skills you need.

"Approved housing" which represents approximately 70% of the market, traditional housing (locally referred to as community housing or family housing) which represents approximately 25% of the market, and unapproved roommate-style housing which I would guess to be around less than 5%.