About my last email, I want to explain that I wrote it not just to say thanks but also to talk about some practical issues.

But it’s most important to have the practicality and shrewdness to see and take advantage of it. 

It might be work just looking for deal analysis practice to see if you get closer to a number that works.

I'm a college student, and I plan to start investing in multifamily homes once I graduate, and I recently started looking at deals on Zillow just so i can practice underwriting.

@Daniel Windingstad someone else mentioned Florida, I'll just chime in and say Florida is probably not much better for cash flow unless you go C/C- properties, but regulations probably are better than your current situation.

Any regulations or risks I should be aware of?

Permittable bedroom count is going to dictate your max occupancy load per the myriad of local regulations.

If there's something in the book you really want to learn, you will need to practice it over and over again until it sticks.

Setting standards just to deny people is BAD practice, BAD business, and ILLEGAL.

I am also becoming an agent soon and it is an illegal practice of law to draft a lease agreement as an agent and one could loose their license.