Demand will drop, supply will increase  and those that actually want to sell their house will ultimately have to lower their price - so the theory goes.  

I know that I can write my travel, supplies, and food expenses off of my taxes while on that trip.

What about repairs, supplies, and other expenses?

Hi Evelyn,Congrats on securing a great deal!

I'm older and need to build up my financial security knowing that I have a lot of future medical bills that are coming my way(multiple sclerosis).I look forward to chatting with you.

How would lender secure the loan? 

@James Hamling thoughts on supply vs. demand and rate lock-in? 

You can also require a paren on the lease for any student as a back up to cover damage outside the first. last and security.

In others experience is this return worth the risk given Multi-family environment ie supply, interest rates, project specific risks, illiquidity risk, and more specifically the Preferred Equity subordinated tranche risk (this sounds like just a Mezzanine loan without recourse).

Hi,I'm a Security Engineer by day and looking to learn more about real estate investing.