This is called "self-sufficiency test" and FHA requires it on all 3 and 4 unit properties. 

I am a brand new agent and my background is cash flow e-commerce sales(which means high volume with max %1 profit sales;) I passed my test and got my license and  I am starting my Real Estate career and I really would love to learn everything about real estate investing.

Does following sound like good approach to start testing:1.

So, he was just testing the market to see if he could make a sale. 

I put all of their names on 1 lease, though give them the option to pay their portion separately, always take 1.5 months security because college students love banging counter tops, throwing beer bottles, and tossing each other into walls after 2 shots of gin.Students typically get their refund check end Sept-ish, I give them an option to pay Fall semester Sept-Dec (4 months) and spring semester Jan- May (5 Months) up front, with no discount.

They can do whatever arrangement they agree on (birddog fees, cash under the table, some weird bottle can return to Michigan for 10 cent refund scam) as long as me and my client are not involved in their dealings, it's not assignable and it's not on the HUD-1 form I don't care what they do.Good Luck, 

Thought it'd be a great way to test my ability to generate accurate offers but I guess not when you figure in hidden liens.

It's actually an amazing relief, after some paranoid litmus testing, to find myself discussing the specifics of my deal with no concern for being taken advantage of, or having to lie just to protect myself from other lies. etc. 

So I don't have a business model in which to provide you, but my two cents:1) Identify what your main bottle neck is in the process.

So they wont overpay.Just learn about the 1%, 2% Rule/test today =) Thanks again for your great tips!