I've been following many Instagram real estate owners that provide tips and ideas.They make it appear so simple.

Here is an example of that color on a house I have going on the market next week in New Orleans.

Market rate right now is $1200/mo and with renovations (quoted 60-75k in labor) it's hard to say because there aren't much data points, but I think I could fetch $1500-1600/mo.

Please advise and give any tips to get a good deal.

I am currently still in school so I am relying on my good credit score and loans to get started.If anyone has any good tips to point me in the right direction, all are welcome!

In the meantime, I am trying to better understand the Indianapolis (Fishers, Carmel) real estate market and considering getting a realtors license.In Indiana, the cost for the real estate licensing course is approximately ~$580 and an additional ~$80 annually to maintain.

Quote from @Eric Lahoda: It depends on the market and your skills as a landlord.

It's a pleasure to be a part of the community and appreciate any and all tips and help I can receive.With that being said I'm looking to begin wholesaling in the San Antonio/Austin TX market and currently looking to meet and work with cash buyers that share similar goals. 

Note that appreciation cannot work as benchmark in high cash flow markets any more than cash flow works well in appreciating markets.  

Essentially you are plugging in all of your data and they are using market price studied to generate your deductions.