Hi All,Thanks for the warm welcome.

For example, I just put a 5 unit complex under contract that brings in $850 in rent per unit, my renter base is strong and reliable, I can count on the University, Military Base, and Oil works to bring home the bacon (Always willing to assign it).

@Ryan MooreWe have used similar conditions in purchase offers where we have suspected the Vendor of being less than forthright and housing warm bodies simply to be able to advertise the property as being fully occupied.  

Also there's a medical school to a major university in the same vicinity.

Thanks in advance for the warm welcome and inspiration!

Jump in, the water is warm!

Frank and Dave Mobile Home University Bootcamp, i think you get all of what you are needing /looking for .

My rental property is just being rehabbed and will be ready for tenants in the new year.I've had investment properties for a number of years now, but always rented to family and friends, so this part is new to me.The area is near a university so there are a lot of students looking for accommodations. 

I want to make this a full-time career while I attend the University of Texas at Arlington in my purse of a finance degree.

I am only stating that you can't assume that there is a universal constant that approximates what you will experience.