After my mind was blown away by the REAL numbers of owning a home, I sat amazed by the fact they dont teach this in school!!

Pay attention to places that have access to amenities, top-notch schools, and job hubs.Value-Added Opportunities: Look for homes that might benefit from upgrades or renovations to raise the value and rental revenue.

Alternatively, suburbs like Sugar Land or Missouri City offer safety and good schools but may have a longer commute to Rice.

The heads in beds idea is sooo old school and a major reason guests are done with STR.

I was planning to go to med school, but realized that I wanted to go that route so I could dump earnings into real estate.

You may not like all the taxes you pay, but you probably like the roads you drive on, the firefighters who put out your house when it catches on fire, police, schools, airports, football stadiums, regulations against poisons in toothpaste, and numerous, numerous other things the government does.Track down and work with a good accountant or tax strategist.

I am looking to rent out my home for college students at a school that is a 6 min drive from here.

It is FSBO, owner is old school and simply looking to get rid of the headaches associated with being a landlord and fund his retirement.

Jessie - As a GP (and someone who went to school in worcester :) ) - it is a lot harder to invest passively as I want to be hands on.

If anyone is considering doing a FHA loan on a 3-4 unit property, especially in a high cost area, feel free to reach out to me for feedback/discussion as I just went through the real school of hard knocks, but came out with a great cash flowing property!