All the debate above, which is good, looks pretty darn academic, even esoteric, when your shelling out mortgage payments for months on a vacant "turnkey" unit.Sellers need to be more forthcoming about a lot of other things than ROI estimates.

What subject is/are your academic degree(s) in?

Will it deeply enhance your knowledge, academic intelligence, conventional wisdom and communication skills (to name just a few)?

I could go on forever asking about little details but I'm just getting academic at this point

@Will Barnard We're kind of saying the same thing, except you're saying it plainly and I'm my usual stuffy, academic self.

Ultimate Goal: 10 million in equities with annual passive income of ~ $ 500, 000 so that I can do academic medicineShort Term Goal: Buy a quadruplex within next two years

They had to throw in some old-fashion academic mess at the end of an otherwise very thoughtful and practical piece.

I've found some great papers on academic journal type sites.

In our area of Texas, college students pay higher rents, and as long as you time your leases to coincide with the academic calendar, we never have issues staying rented.

Good luck to you.That's a very academic stance.