I would try getting a duplex with 3 bedrooms on each side and rent each room for $500 per month to rich college kids getting their rent paid by their parents.As for the $1,000 per month for every $100,000 in purchase price, that's going to be extremely rare.

I worked in the interior design and event business in Napa Valley during college and for a couple years after and I loved it.

Long term (7+ years): generate $10,000 per month (school costs, mortgage, college, leading to retirement).

It's frustrating, because of the delays we missed out on leasing to students (its very close to a college), and now the garage apartment renovations probably wont be finished until around Thanksgiving.

I am currently a college student at FIU.

I am a recent college graduate with a B.S. in Construction Management from Central Washington University and am currently working for a Marine construction contractor in the Tacoma area.

I'm looking into becoming a real estate investor once i graduate college and make more cash.

Paul, MN and I'm renting it out to some college kids.

College English professor and run an after school program for kids. 

It is located close to colleges and MBTA commuter rail.