@Scott LorenceThe advantages to renting to college students are that they generally leave after a few years so you can do repairs or updates, you can raise rents on a regular schedule, they will pay a premium to be near campus, and if you get engineering students they tend to fix the small stuff on their own.

Detroit's got the advantage with the Red Wings since the Barons left in 1978, so I guess there's that.

Yes, it's under rehab right now so difficult to say.

I've been investing and hanging out on BP for close to a decade now, so please feel free to reach out with questions.

@Sarah Hadassah Negrón so you get a money judgment.Now you have to turn that into a garnishment action with the courts.To do that, you typcially need to have the tenant personally served - which means finding them or hiring a skip-tracer to do so.Then, what are you going to garnish?

Investing in real estate is a great way to generate passive income and wealth if you are in a position to do so.

Another student rental that has a mortage of 900k me and my wife live here on a private floor. thrid property is also another rental ( duplex w a mortage of 390k ) was fully rented but tenant upstairs has moved out a year ago so I decided to renovated to do short term rental added in 2 ensuite rooms.

Hi Saul,Vegas and Phoenix are on the pricier side, so you'll need to put a large down-payment down if you want to cover all your expenses with some cash leftover. 

PM me if you want to jump on a call.

Negligible changes called "diminimus" are the easiest, but they are along the lines of 1 foot out of a 50 foot setback.