Look at the price of a university degree!

I am wondering how/if to best use the Cash Value of my Universal Life Policy to assist in getting into RE Investing.

The main reasons that I'm looking at Columbia, is that I grew up there, know the area and the fact that it is very close to the University campus.

I'm going to drive around certain areas i like (by the University for example), mark down distressed looking apartments (present deferred maint. etc) and send out to them and expect a phone call.

I was being discreet because it's foolish to single out any particular company, when this practice is followed almost universally.

The example the IRS uses is a tax-free university running a book store.

It's a few blocks from the University in my area and should bring in $800-850 a month....not bad for a $50 K investment.

You need that info about the areas you want to rent.There are some universal truths to property management, such as many people lie on their applications, people come up with stupid reasons not to pay rent, etc.

Just because they claim something doesn't mean it is universally true.

If they are not paying rent on time, in what universe will they have enough credit on their credit card to pay rent?