I have chosen my niche which will be students flats.At the time I am studying construction civil engineering and I want to buy my first house next year (3 years left of school) in the big well known city among tourists and students in one of the european country.

I am wondering if the season being August and before school starting days has any effect on not having enough showing or is it actually the price being too high?

My DTI ratio isn't that good because I'm a recent graduate.

(My ex wife is from China, so one time, we decide that she wants me to go to China and I decided instead of working, I go to school and get my MBA) I can speak in Chinese.

CSUSB is a commuter school.

The time they closed was already " off season" to student renters as most of them have setlled in their rentals as school have started.

And that one risk, is the same one that landed me a job with a local investment bank when I penned a letter directly to the chairman of the board ripping apart his old school view on education after an interview that aired on public television.April 2010: After rising thru the ranks at the bank, I realized the investment banking culture was too cutthroat, and simply not right for me. 

(Seller needs the equity out asap, so seller-financing is out)As for the deal itself:       Located a few towns over from me (but not far enough where management would be a hassle), right near the better part of the borough, near the middle school, very close to stores & very close to where new construction is being planned & the area is on an upswing.2 - 2 bedrooms (1150-1200/each)4 - 1 bedrooms (850-900/each)Going inside it this week, but from my walks around the outside, I'm ballparking about 100k in renoSeller asking for 200kTaxes as-is about 6500Seller states all zoning approvals & site-planning have been completed, only thing left to do is pull permits and put nails to woodAs of right now, my immediate plan would be to sit down w/ the commercial people at my lender's, assess my standing, and start all the other due diligence common with a typical, residential purchase.

I am considering Lakewood, or Aurora but only in Cherry Creek School district.

Eventually I would like to branch out and even hit South Carolina being that I graduated from college of Charleston and have a great amount of love for that area.