I am looking at purchasing a duplex close to a UNIVERSITY.

I really believe this is the best part of the entire guide - being able to dig into a specific subject that interests you or you need to learn more about, all within the BP universe.

Hi Minh, Thanks for the advice and the warm welcome.

If you're staying local, I recommend checking local university MBA programs as many business programs have a concentration of real estate.

I would limit the exterior work to pressure washing the exterior and painting the front door in a warm earth tone color.Maybe you could dress up the front porch area with a few potted plants, and 2 cherry stained wooden chairs with throw pillows or something.

I have friends that went to private universities and paid 2-3 times more than your standard state university and come to find out it was a waste of money.

Thanks to everyone for weighing in, thankfully I'm not really involved in this situation, but since I hope to own some rental properties someday, it's good to see how to handle it.I definitely agree with Jerry W. about Dave Ramsey, actually our boss offered him a free financial peace University class, but you have to be ready to make a change before any of that excellent advice works.As someone who was a renter for 8 years (I can honestly say I was a good tenant, a roof over your head comes first) it's very interesting to see the other side of the coin.

Happy MLK Day to All...thank you so much for the warm welcome!!

Keeping the purchase price lower enables me to break even sooner.I also prefer to have properties already occupied by tenants.Thanks for the warm welcome ..

Thanks everyone for the warm welcome!