Replacement cost approach (not used as much, but sometimes used for new construction, or in unique cases like yours and/or to add some support to the other two methods)The appraiser may use a combination of these.

I ask because I don't know if there are any practices common or unique to the multi-family industry that I'm not aware of.Should depreciation expense be recorded monthly, or should it be recorded as an EOY adjustment?

., 520 Malcolm Ave SE, Minneapolis, MN 55414 is in the middle , not to mention a little more unique atmosphere than your typical chain restaurant.

Since you are young there are setbacks and obstacles you will face that will give you a unique perspective later in life.

I'm interested in working with turnkey providers more because of their investing model rather than the specific niche.

Your time here will be well spent.Because of the sad state of your beloved Cowboys, you forgot to mention a niche of interest.

RE is not a step by step matter, every deal is unique, learn to solve the problem within the rules.

@Keitha LovettWelcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language.You didn’t mention a specific area of interest, so, I added links to three of the most popular niches for your review and selection of one or all.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property) http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)You can use this material to absorb the basics, so that you will be ready to take on more complex teachings from your mentor.It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

However, once we reduce the concept of the investment to merely that of the stream of cash flow, the investment starts to lose its uniqueness.

Read books on investing in real estate, listen to the podcasts, attend webinars and stay active on the forums while connecting with other investors in your area and pick a niche.