I have no relevant experience in real estate and want to get to the point where I see a property and can say, this is worth X if you fix A, B, and C (basically ARV).It got me thinking, why not go for an Appraiser Trainee license. 

Hi everyoneI know there are Class A, B, C and D for apartments.

@Moshe EisenbergFor flips you might want to consider how to have LLC taxed as a S-Corp for investments held less than a year.The benefits are that you can minimize self employment tax, access more tax deductions like car, fuel, marketing, and mileage.It also eliminates schedule C and lowers audit risk.I am not an accountant so please consult yours to see if an S-Corp is right for your situation.

Also with an "LLC" my account said fund mixing is different from a "CORP" b/c the IRS wants everything separate. 

I looked at a multifamily property yesterday with my wife (realtor) in a C neighborhood, up and coming B neighborhood.

@Justin C. 

@Mark Robertson and @Larry Fried , we do require that our investors be accredited, and we follow 506(c).  

The property is in a "C", "C-" area.

The property is in a "C", "C-" area.

Of course, I have no idea why the owners do not sell, especially with even B and C stuff going for $250,000 per door.