If you have statistics on home appreciation numbers that is another indicator of how much rents should be going up annually in a strong market.

@Harry Aiken - welcome Harry - happy to see another Alaskan pursuing financial independence on here!

Also, you will need to hang your real estate license with a broker in that state as realtors cannot operate independently. 

An additional product you could get is a BPO (brokers price opinion).Besides, if you do the appraisal beforehand, and if you are doing a loan from a bank, they will have another appraisal done so it is independent and not directly working for any of the parties.

I now want to become more independent and start working with other people on own.I recently joined a real estate club at my school, of which I joined the executive board, and that is how I heard about Bigger Pockets.

(I made up the statistic, but I know from talking to a lot of investors, they don't have a clue how an LLC is supposed to run because they simply down loaded a form to create the LLC and were off and running.

I'd like to cite on statistic:  Sales volume of apartment buildings. 

Im here to hustle and grind it out for my partners and I to reach financial independence. 

Please verify this independently but I did read (a long time ago) that ICNA came out with a ruling allowing interest if it's below 30-40% (again, not sure about the exact #s) of the entire capitalization.I wouldn't dabble in real estate if you want to scale up quickly without leverage.

Go to the FactFinder at https://factfinder.census.gov/faces/nav/jsf/pages/...Enter the city/county name or zip code you're interested in; under the 'Housing' tab there are several tables that include statistics on the number of rental homes, average size, estimated average monthly rent costs, etc.