I've paid my dues in multiple different programs through the years and I've had some amazing experiences as a result and some not so good ones.  

Amazing goals for such a young age.

First of all, amazing job!

Welcome to this amazing community.

It's not super amazing returns, but at the same time - it seems like a fairly low risk investment with Ann Arbor's large student body and continued demand for off campus living. 

They have almost zero value when they go dark.Example if I bought some run down DG with high cap rate all cash for 1.2 million but came with amazing dirt in strong location then I would just demo the building if they left and raise rent with another tenant with ground lease, build to suit, etc.DG typically have flat rent.

For those who do their homework, build a strong team, and know their numbers, flipping is still an amazing way to make money in real estate.

If you are exploring Memphis as a potential market to complete your first BRRRR, I'd be happy to connect you with my amazing GC with Triumph Construction.

Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

The seller really put a ton of work into making this property look amazing!