That is great that you have one under your belt.BP is a great place to network and grow as you have observed for quite some time.Welcome.

As a general observation, I think it's more the quality of the location as opposed to proximity to the bus route! 

Hi @Joel Benscoter:Good observation. 

Based on what I've observed, most rentals this close to university are inhabited by multiple people, many of them students.

What I observed was that any asset that was even remotely manageable (i.e., in a civilized area and had improvements or was easily improvable) was taken off the list.  

I just wanted to know if real estate professionals told you this or if random people not involved in real estate told you this.Ken Rishel, a member here who is in compliance and isn't @ mentioned since he's not in this area so much and doesn't need to be bothered with this.......made a post with a great observation on a matter that directly relates, I'll paraphrase basically, with added clarity:In law, there are primary laws enacted by government legislative bodies, Congress, Senate, at the federal and state levels.

. ($2000 x 6 months= $12k,)Try save up to 10% gross of my pay check after the $2k budget is met then put the rest into debt reduction.Find somebody I can work with/for in Real Estate Investing to learn hands on and observe their methods.Use the 10% gross savings to invest in a property.Get free of all debt but business and eventually be able to go all cash as it makes sense.Establish at least 3 other streams of income (preferably 5) so we are not reliant on my commissions to meet the budget.

@Jason VandermarkI would post a 24hr notice on the door then enter the next day, take pics and maybe depending on what you observe make a police report for abandonment and change the locks to cover yourself.

They made the observation that I was financially astute, I countered that I was a CPA and the next thing I know, the president nominated me to the position of treasurer within about 10 minutes.If you show up and sound like you want to take action and you're half way knowledgeable, you'll find yourself on the other side of the table so fast your head will spin.

You need to observe what works in other areas, where others came up with great ideas and then follow suit in your area.