Though I will say, as an owner / specialist in local student housing, student housing wouldn't be my play right now especially for a first-time investor.

Be wary of any of the courses that profess to teach you the secrets of getting rich in real estate and in fact, the only ones getting rich are the ones selling the courses. 

@David Butler your answer was so in depth I was wondering if you wouldn't mind, in order, writing each sub I would need to get (what kind of profession am I looking to hire) From your list, it all pretty much common sense, but I cant make mistakes so I want to double check). its a basement , four stories, and a roof deck in the heart of philadelphia.

@Kevin Robert I started in Pittsburgh in 1995 as a mechanic full time and an agent part time. 3 years later after working both professions I switched to part time mechanic and full-time agent.

I'm thinking if we can add a $3k shed, we could charge the students a little extra per month.

I am defending mentorships because they CAN work if you get the right one.Yes $40K is a steep price for sure, especially because NO mentorship can guarantee results.But I go all out for my students, and I  have a HUGE overhead because I go all out for my students.It is like saying I am not going to buy that house because it is $700KBut you didn't consider what the COR is or the ARV.

Hello, everyone, I am currently a graduate student in the St.

I'm currently a college student in Cleveland, OH and I love to learn about new ways to make money with Investing.

I've been in mortgage and real estate profession in California since 98.

Welcome to BP Juan.Continue to network with other investors and people in the profession and you'll go a long way.