I intend to rent out the units by room to college students (does it sound like this would work in this area and what are some general tips/things I should look out for?).

House hacking might also be worth exploring—buying a duplex or small multi-family property, living in one unit, and renting out the others.

Pm handyman cannot fully clear it, but unit has 2 bathrooms.  

We rehabbed the entire property and added an additional bedroom to each of the units.

(His profit is in the entry fee) He owes 3 months missed payments and I offered to catch up the arrears, bring the loan current, and take ownership.I myself own and operate 13 units since 2017, and I’d say I’m a good operator.Anyways, the issue is that now the bank/owner has been notified of non payment, and while the seller is telling me everything’s fine between him and the person on the note and all, I know that the bank has eyes on this account now. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

The Justice Department, backed by 10 states, claims these landlords—who manage over 1.3 million rental units across 43 states and D.C.

Monthly housing cost less (due to tenants paying rents in the other units)2.

Yea you can cash $500 a month but if you have a $10k AC unit break down thats a whole year of cash flow.

Although the official language is English, it is comical sometimes let’s call it my failure to communicate.