The purpose of my post was to make others aware of the difficulties associated with selling entry level SFH's which tend to be in neighborhoods with limited owner occupant participation and when the owner occupant participation exists the buyer pool are the least qualified of the FHA buyer pool.

This approach might discourage legitimate wholesalers from participating in the community, even if they are following the guidelines.

They’re fully renovated and rented to U of R and RIT college students and grad students.  

I didn't meet anyone new that I ended up doing deals with.I have since participated in 4 MF deals. 1 person was met through MFM and 3 were connected through other mentorships.

However, the City initiated the "Buy Into Baltimore" open bid program (which we're interested in participating) through which you can bid/buy city-owned abandoned/vacant properties for redevelopment/resale.The problem is, there are so many blighted neighborhoods in Baltimore, it's tough to know where to start.

If you have a 6 bedroom in an area that does not have a university (students looking for shared space) or is in a family friendly place it may sit vacant longer between tenants.For Capex, try not to use a generic number - look at the roof, furnace, hot water tank, kitchen - when will each need to be done and what will it cost?

They could positive cashflow and i believe there should be good rental demand from student population but i am not sure about the scope of appreciation in the area.

I rented a 4-bed house in Royal Oak, then got 3 roommates that I charged each 30% of the rent, so they covered most of my  rent.You can do the same if you buy a house:1) More rooms the better, if renting to fellow college students.2) Can YOU live in the basement?

We've got a few homes near campus we use as student rentals and they certainly perform well.

Personal debt, CC, consolation loan, student loans. 2.