Banks are pretty real estate friendly right now, and as long as your credit remains strong and  you are buying with equity and cashflow, you should be able to grow a very healthy portfolio with commercial loans.To get some education, speak out a commercial lender to see what your options are.

With all the repairs and a better understanding of the business after year 1, are you expecting to make a healthy profit next year?  

A healthy economy suggests a housing inventory that covers demand for 6 months.  

What have you found to work best to keep a healthy relationship with the tenants/roommates that I rent the rooms out to and collecting their payments each month?

If yes, pay close attention ... again, understand the logic behind the statement rather than blindly believing and trying to follow the recommendation with no understanding of the fundamentals of WHY they are saying what they are saying.A vast majority of comments get filtered out at stage 1 or 2 :) Stage 3 is a good one for a healthy debate.

We focus not only on our business, but also push each other to make healthy choices and workout.

Losing sleep for the next year doesn't sound healthy to me, especially if you have other alternatives.That being said, you can always ask the student to provide a guarantor.

Like I said I wont make a killing money wise but really just getting out there and completing the process once has taken that fear and allowed me to HARNESS it for the next project into a healthy excitement rather than letting it run all over me like I and many others have done in the past...

Whether it’s investing, becoming healthy or being a most fantastic lover of your spouse and family, you’re the one who’s in control of how successful you can be.

Healthy marriage is much more important than REI.