Two of the offers came from buyers who hadn't seen our first property, but who were told by their agent that we do great work and that the house would likely go fast.The big reason for this is that our agent used the relationships she built from the first sale -- plus a healthy dose of urgency -- to entice agents/buyers who were already familiar with our product and ready to work with us.

I am pretty handy with a hammer, saw and paint brush and I will do a healthy amount of the maintenance myself.I have several friends and acquaintances who have residential properties intended to rent to UoM Students, and I will be meeting with them to see how they have done over the years.

Healthy networking and prosperous investing to you.Kudos,Mary

It helps maintain healthy, happy relationships with investors from investors often more than 1000 miles away.As for family and friends in town--this almost never works out well.

The fact is you can't stay healthy without a doctor unless you know as much as a doctor knows...and it costs a lot of money to know as much as a doctor knows.

Ultimately I'd like to end up with a healthy set of rentals 25-30 years from now such that I've got very healthy cash flow to retire on.

Undergrads are usually year to year, grads and PhDs are 2-5 years, depending on the program.Once you have a healthy savings account for vacancies and repairs, you can devote less per month to that account (in my opinion).Lastly, my aunt in Silver Spring doesn't know any Realtors; not sure how she doesn't, but she doesn't.

Eventually be able to invest in some larger complexes for long term residual income.May sound aggressive for a 67yr.old man, but hey, I am healthy, single, ambitious, compassionate person with integrity and references.

Marie...And from a purely financial standpoint, a straight sale with $400 monthly payments for 60 months will generate a healthy 39% IRR. 

Healthy.