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?

I also believe that most of the Inspector National groups frown on the practice. 

Like talking on the phone with agents, contractors etc..My best advice is to practice humility, and focus on doing something simple but effective consistently.

The areas of law that I want to practice are commercial real estate, contracts, and immigration.

That looks something like this:Week 1Monday - Brokers, reach out to 1-2 brokers and set up appointmentsTuesday - Database, populate and refine property and owner databaseWednesday - Internet, search internet for new property listingsThursday - Marketing, create or refine my marketingFriday - Education, read, watch, practice evaluations, etc.Weekend - Visit propertiesWeek 2Monday - Lenders, reach out to 1-2 lenders and set up appointmentsTuesday - Database, work on mail mergeWednesday - Internet, search internet sites for new property listingsThursday - Marketing, create or refine my marketingFriday - Education, read, watch, practice evaluationsWeekend - MailersI try to send out mailers at least once a quarter, it's all I can handle at the moment. 

@Dave Foster  He has an independent law practice, but also serves as our broker of record.  

Brendon Woirhaye that's very true, my parents know practically everything I'm doing, and they are supporting me as well!

While those types are practicing their "passive RE investing" (aka, known as never buying a deal, or not making any money because they buy from someone like me after I captured ALL the profit to be made), I am plodding along buying deals weekly and they think I am "lucky."

If you want to practice analyzing deals I wouldn’t start at the cap-rate.

I watched an investor from NY go before the zoning board in that town to try to get approvals to rebuild a dilapidated property...they had the guy practically in tears by the end, rejecting him at every turn even though they had the power to approve it.