I am currently going to college majoring in RE, and right now I am involved in an internship with a big home builder (PulteGroup) where i am learning the role of construction managers, which can help me in the future if i want to BRRRR or fix & flip.

-I'd rather not go the traditional route with buying just because my W2 isn't exactly the most stable and i'm a full time college student.

Hey Everyone,I just graduated college with no debt so I want to buy my first property and House Hack with college students, I found a property currently selling for $175,000 dollars, but I think It can be negotiated to a lower purchase price since it is a little outdated and the other houses in that same street have sold for less money, although it is outdated it could be rented for $550 dollars a month + utilities  and since it is a 4 bed, 2 baths; renting out the other 3 bedrooms while I live in one of them would help me break even with the house's monthly expenses.

We have an investment in College Station, TX and since my wife and I attended school there we are very comfortable with areas where renters and students want to be.

What law do you practice?

I thought the seller and buyers broker split the commission.It is a new way of framing the agency relationship as of 1/1/24 due to the changes happening nationwide.In practice, most sellers are still paying buyer agent commissions as it is a good business decision to do so. 

They seem to rarely offer practical advice and drive investors away. 

Most people just use the term but there is association management, apartment/ Multi-family management and then property management.For instance, in Florida, you need a license to practice Association Management (in most cases) and a real estate license to practice property management (in most cases). 

The issues I ran into was the local market was already flooded with STR's and in order to be profitable you had to stand out with a home that was either near an attraction (ie great view, Garden of the Gods, Downtown, or a College) or the unit had to have amenities (Hot tub, Instagram Wall, Pickle Ball Court) that would place your listing far and above other similar listings.I think you should strongly consider if you more interested in moving away and starting a life somewhere else, or in creating a cash flowing investment to supplement your income? 

The university areas work well with college students needing places.If you ever want to talk REI let me know looking at some options in Chicago this week and Indiana.