If you get 5-6% ROI in a good school neighborhood consider yourself lucky.Multi duplex in South Bay $1M, triplex $1.5M, 4 plex $2M.  

So, over the last 2 years here is what played out – all due to BP:Year 1Wholesaled a property which I had never done (I know – mixed reviews on this approach)Flipped 3 homes with private lenders found on BPPurchased 12 rental units with a BP partnerYear 2Flipped 3 homes – 2 with a lender from BPSpearheaded the purchase and rehab of a 22 unit condo conversion project of a former school with BP members and othersQUIT MY JOB!!!

I spent a great portion of my life in school and as such lost out on a lot of financial/investment opportunities since I was in school or in low paying jobs in order to gain experience.  

After graduating from school I moved out to San Mateo, California to live closer to family and launch my career.

This large lot is indeed Travis county with great schools, most were built in the 1980's in need of some updating.

This evening I am looking at a 5205 sf, 4 unit (2/1, 3/2, 2/1, & 3/1.5) one block from Penn State Dickinson Law School & Central Pennsylvania Youth Ballet in Carlisle, Pa (Cumberland County).

Favorites are:1. subject to my partners approval (your pet rat can be your partner). piper suggest this in another thread. 2. subject to 90 day inspection (just tell them your inspector is world class and in high demand)3. subject to 0% financing for 40 yearsRemember, being an unlicensed broker requires a drivers license, no RE license, no education, trickery, deceit, no money, no high school diploma, and nothing to lose.

I think it will be a good solid long term property and it is a great location for me personally (5 minutes from my house, 15 minutes from where my kids attend school, and walking distance to my favorite Mexican restaurant).I have been able to trim operating expenses over $250 per month so far and think I'll potentially be able to trim them another $200 or so per month within the next month or so.

What's the crime rate and school ratings there?

I went to school for Architecture & Civil Engineering an have been researching real estate investment for over a year.