My name is Isaac and I am currently a junior at Marquette University, living in Seattle. 

A little about myself, I attended Texas A&M University, class of 2014, Whoop!

@Devin Brar...sounds great...sending a message...really appreciate the warm welcome...thanks!

Thanks so much for the warm welcome Dave!  

Welcome to the Bigger Pockets universe @Austin Pekarek !

I am an Econ major from the University of Dayton and a former Division 1 Baseball player. 

I am a university professor with a good income. 

@Jonathan Miller Thank you for the warm welcome! 

I have been doing a lot of back of the envelope calculations using 1% of the financed amount vice 1% of purchase price and that seems to be the go no-go point for positive cash-flow for a lot of deals these days.From what I've seen, and my investigation is just in it's invancy, rental rates seem to drop off qucikly as you move away from the university (like outside 1 mile).

In fact  I don't know the credit history of any of my tenants - never checked it.Yes I check stuff, yes I have grounds for rejecting applicants, no the state of their credit isn't one of them, yes I know some people here will get apoplectic about that, no it doesn't make any sense to do that for the demographic that are going to apply for a rental in the hood.So with that out of the way and it is relevant context, I am going to post about conversation had with one of my tenants last week.Me: Hi it's starting to get warm and I noticed last year the house seemed rather hot in the summer are you alright for air conditioning.Tenant: We ok Mr O, we got some air conditioners last year.Me: Really, you bought portables.Tenant: No we bought some had someone install them in the windows.Me: You should have told me you needed that I would have got it for you.Tenant: That's ok Mr O.Me: Do you have the receipts so that I can reimburse you.Tenant: You don't need to do that Mr O we are ok.