Like most people have noted, Costco and Amazon are the best places to go.

The challenge with unsafe areas is (1) potentially higher cost of maintenance such as broken windows, etc. and (2) this is by no means meant to be discriminatory but anecdotally from people I've spoken to the challenging tenants tend to be at the lower price points.

People should stay away from investing in Japan!

I'm a retired engineer and have been successfully using income from these houses to support my retirement without dipping into retirement savings.I'm transitioning my business from rentals to a franchise and would consider selling one of my houses (5 br/4 ba - the other houses my son while he's still attending).

Typically people only get insurance on things that they own, or liability insurance for their own protection. 

I think he's in the process right now so I'm not sure how it's turned out, but last time I spoke with him it seemed that it was going well.I always tell people looking to do co-living that there is a certain amount of risk that you have to be willing to take on.

Is this how most people do it? 

Most people that I know buy Turnkey because they want a monthly return on their money rather than a long term equity position an appreciation.

College isn’t a must for real estate, but it can definitely help with things like business, marketing, and communication skills.

However, the right Broker is very important when first starting because they can train the agent how to run their business and find success.