Condos to begin are a poor choice for investment in rentals, Condo fees usually kill the cash flow, increases are very common as well as special assessments which often are in the thousands.Also as a landlord you must be aware that a lease is not a binding agreement, tenants will walk away at the drop of a hat.

@J Scott Thanks for throwing your hat in the ring.

My hat goes off to you sir!!

"It's almost like seeing a guy show up at the soup kitchen in high-hat and tuxedo. . . .

Also du siehst, es gibt hoer noch einiges an unterschieden und fragezsellungen für dich zu klären.Du hadt geschrieben dein Grossvater hat Häuser verkauft.

My hats off to you.

I really want the cf at this point in my life, No point hanging my hat on appreciation that may not materialize for years

Then put your Tenant hat on and walk through the property and ask yourself what would need to change in order for YOU to live there. 

They will have intimate knowledge of the area and be able to compare this prop against other props in their portfolio.This is where your relationship building hat will be important to establish repertoire for them to view you as a potential client and not just a tire kicker.As for college, neither good or bad.

See the Zillow link for the property below; interior is only 2,000 sq. ft not 2,556 (2,556 includes the garage)https://www.zillow.com/homedetails/600-N-13th-Ave-...Work for this house would include turning it into a 3/3 while leaving the existing 2 car garage, 3 brand new bathrooms, remove the wall separating the kitchen from family room, refinish and/or replace kitchen cabinets (countertops will be reused), replace all exterior doors and windows with new impact glass, new HVAC system with duct work, minor electrical (high hats, new fixtures, inspection repairs), paint, new casing/baseboard, and maybe new interior doors.