I’d love to hear about your goals and what you’re hoping to achieve here.

This way on a $300,000 purchase you only need $10,500-,15,000 for your down payment which if you maintain a low cost of living is very achievable every 12-15 months.

I’m wondering if the influx of newer apartment complexes near campus has shifted the supply and demand balance.

The second year we only spent $25,000, and achieved our original goals.  

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

There are Markets in the western states like Vegas or Reno that offer a balance of cashflow and equity returns. 

For investors focused on socially responsible projects, this balance can attract support from communities and municipalities.5.

Staying flexible and partnering with a skilled property manager or agent would be key to achieving long-term success.Good luck!

There are other, more ambitious, risky, and difficult, ways you could achieve the same end goal.

I’m also open to alternative strategies, such as private lending or passive investments in funds, to diversify and balance risk.Does this phased approach seem reasonable given the higher HELOC rate?