the biggest issues are that the available tenant base drops dramatically around October and doesn't pick up again till the end of the school year.People are no different than animals in that regard.They want to be settled and hunkered down in a property before the school year and/or bad weather starts.Quality tenants with good financial backgrounds don't want to move their families in the middle of an icy,snowy winter for obvious reasons,and good college students have already started school in August.Many of the few available tenants will have questionable backgrounds like recent job loss,previous eviction,bad credit,difficult income verification and don't make 3 times the rent,criminal records,etc.   

In my particular case I am an 18 year old student in St.

No student debt. 

I have no debt (car paid off, no credit card debt, no student loan debt) and pay no mortgage on my current home, so the $3k is unburdened cash. 

I put myself through a Bachelor's in Computer Science at James Madison University and still have the $60k in student debt to prove it!

:1)Find an investor who would double as a source of money for down payment and a cosigner2)Use an FHA loan (3.5% down if I live in a unit) to buy a quad-plex3)Use the 203k aspect of the loan to improve the quad-plex and force appreciation in the property4)Refinance in a year or two to a regular loan and pull equity out to either pay off my outside investor or use equity for another down payment on another quad-plex5)Repeat With this plan, I believe I will be able to cash flow from day one because I will be able to rent out three units to college students around campus who are willing to pay higher rents than most.

Hello BiggerPockets!My name is Bradley Cumming, and I am a freshman at the University of Northern Colorado in Greeley.My buddies and I are looking to start-up a real estate investment company that initially focuses on...

Any college students? 

Where you are looking there, near the campus, rents tend to be some of the highest in the city (except, perhaps, for lofts downtown and such) because it's almost entirely student housing.

Im very interested in real estate, always have been since a young age. I am currently studying at Tuks.I am looking to buy my first property and am looking for experienced people who might give me valuable advice as t...