Here are my thoughts (Also beware, I do not have any experience yet, as I am also looking to "jump in", and I also have Student Loans, but they are not yet due and still deferred.)If I was you, I'd shop for a property you could do an all cash offer, and then take a small loan against the property to fix it up, and then rent the property it out.Now you've got a semi-passive income (assuming you manage the property yourself) and hopefully that passive income is enough to pay for your Student Loans.

George,It is possible (in the area you are looking) that a 10 cap does not exist for a fully performing property that is at top market rents.That doesn't mean there is not a vacant property or a semi-performing property where you can buy at a 10 cap or greater and increase the cap much higher but you will have to work at it and take on problems.Now in some areas that are not excellent but good to okay you can land a 10 cap and in war zones do much better than 10 cap fully performing but there is a reason for that for tenant base and location.I have to map out plans for my clients because it is not always about the return for them.

I have considered doing semi-annual trimming of the shrubs etc but that's just because it's more problem for us if they get overgrown.

Now we use it as a semi-vacation property and got over 11k in two months last year.

I guess I had my maple leaf hat onOn residential mortgages up here, you are allowed to select your payment frequency (Monthly, semi-monthly, bi-weekly, weekly) at the time the loan is drawn - but may not be allowed to change it afterwards.The payment order is the same: accrued interest, then principal, but with more frequent reductions in principal, there will be less interest paid overall.Since there is no tax deduction for mortgage interest incurred on an owner occupied residence in Canada, there has traditionally been a great incentive to increase payment frequency and pay down more quickly.

I just have a little money saved up, Absolutly hated my other job I drove semi and was never home, lonely, it's tough being out and away from everyone so long.

Homes in my area are a mix of unfinished, semi finished and fully finished basements.   

So here's my plan: I was thinking that I could buy small, semi-ruined house with small down payment with a loan I will be taking out from a bank or somewhere else.

And that picture is mixed in with half a dozen other pictures of my friends hunting dogs in one particular unit.Oh, another property of mine has several autographed 8x10's of me and local celebrities, former NFL & MLB players, national champion coaches from the college, semi famous musicians, radio personalities etc. 

Absentee Owner - we like to hit them - 1 / 6 weeks (Semi motivated - we need to be in front of them - when they're THINKING ABOUT SELLING)Jay - ALL marketing is like a thermostatBrotha - you need to turn it up when the phones are cold and MAYBE turn it down when the phones get hot!!