A proper sub2 takes a master's degree, a proper LO, an undergrad.

Maybe grad students but undergrads can just destroy your rental.

And it is certainly an open, multi-tasking environment where you can nurture an interest that may indeed become a full time job after undergrad.  

I actually lived in Florida for awhile (got my undergrad at Florida State) and just got back from a trip down there last week.

My net worth will grow faster with the extra $36K of profit than the extra 5% margin if I don't have another high return project going on concurrently.FWIW I have an MBA with a focus on Opps and Finance as well as an MSF (Master of Science in Finance) as well as undergrad in theoretical and applied mathematics (among other things) so I know math and I know finance and I know business.  

And the college towns - and not necessarily rent to undergrad students.

I'm currently a undergrad student at a Florida university going for my bachelors in accounting.

We don't approve undergrads unless parents cosign.

also, i was also an RA as an undergrad … never knew it at the time, but what i learned in that position really helps me out with the people side of property management.

I even went to FIT (undergrad and grad), so I know the location/demographics very well.