$30k in additional value for $5k invested is a great return.

I've owned student housing as far as 4.1 miles from the University of South Carolina campus.In my experience, the only reason kids would live that far away is cheap rent.

If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.

Hey Anthony, yeah just some additional details. 

The only additional thing that needs to happen is make sure appraiser makes note of why the value increase in as is vs previous purchase price.

In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.

I am also trying to get my investment back so I can pay my Kids college Fee.

I know this is a very old thread but if anyone comes across it I wanted to add some additional thoughts that might be helpful.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

That's why our rehabs look more like flips and we even finish basements as we target families with kids who want to get into the school district.