My long term goal is to be able to supplement my income investing in real estate, but for now, what I've laid out here is my first step towards that goal.

@James Carlson - may I supplement? 

It always has been - it was intended to be used as a supplement to a company-sponsored pension plan but almost no company in modern times has one.

The key here is not to treat that $400 as supplemental income to your military salary.

Some of the metrics that I find valuable to understand are:- Population Total- Population Age- Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime StatisticsWhen you consider all the variables listed above you will be better able to judge a locations tenant quality.Also take into consideration the direction in which each of these market indicators are trending.

The buyer will be sharing expense/renting a space for some time to supplement income.

As far as when graduation comes along, I would highly recommend finding a job that pays outside of real estate or in a different area which will supplement your income.

They also have supplemental heat which is great incase you loose a boiler.

@ro @Ro MagaHaha, well this job doesn’t pay too much so it’s be great to supplement my income.

But I’d like to build a “passive” income stream that I can grow over time to supplement my earnings and provide a safety net of sorts.