Not only is 10, or even 6 people too many for a single bathroom, but the groups that will be seeking out that many beds AND be willing to book a one bath property are broke college kids looking to party (more times than not).  

It should be... a place you lived in, or went to college in, or have family in, or can easily travel to, or want to own a vacation home in. 

I graduated college (mistake) last year, I have -$16,000 in debt from the first year I attended.

We have a $500k HELOC currently @ 9% we haven't used. we recently renovated and expanded this house so our basis is prob $1.5M so we're hitting the home exclusion cap.Potential to buy a new home in town (kids still need 4 more yrs before going to college) for $1.2M with some work needed and potential to expand a bit.Thinking we should sell home, take $500k tax free, put down 20% on new home so paying more in total mnthly payments but mainly in interest.

I have also come to learn the house I was living in college for 2 years was not correctly following all of the regulations.

I worked in Management for 10 years out of college, and the last 2 years of my Management career I was working as a part time Realtor, building the foundation for my career before jumping in full time. 

Anyone able to provide some insight? I found a good duplex deal but not sure if its a good area. thanks

Throughout my life (grade school, college, business), I've always been a big advocate of taking notes and organizing different sources of information into one place, making it all easier to digest.

(Prior to graduating college and getting a full time job, I was an incredibly social person, so this was a huge change of mindset to sacrifice the way I did).And on the other end, my brother decided to start his own business while I was working and did not work hard as he spent money like crazy and eventually went bankrupt (filed 1 year ago) .

The lease (with the current college students) was just renewed through their 2025 school year.I'm trying to figure out how to make this happen with little-to-no money down, as I have other 'irons in the fire' at the moment.I'm planning to offer $400-450k for the home, and am trying to structure something where a conventional lender would loan an amount that would be covered by the current rental rate (lets just say $300-350k)...   ...then, anything outside of that amount, would be carried by the Seller (for a short while)...   ...Seller financed with a ballon in 5-years?