Along with a co biography or summary of completed transactions and such.

A co-worker of mine has been to Nicaragua before(as well as a number of other Caribbean countries) and feels it will only be a matter of time before it follows Costa rica and booms.

If one of the group of roommates does not earn 3Xs the rent I require a co-signor for that individual, so incase a roomamte leaves, I know there should not be a payment issue from my viewpoint with my requirement but sure feels like many applicants who want to do this, dont seem to grasp my viewpoint.

I don't think you can own a co-op in an llc.I would go with WV personally if you can get in.Another thing with a co-op is that they might want 20% down and 18-24 months in mortgage/maintenance in escrow. 

Kristine Marie Poe   much like buying a Co op  ...

Kevin, that is a good point, I would most likely require a co signer with most student renters.I also do agree that no one is ever guaranteed to have 100% occupancy all the time.Thank you everyone for the great responses, I love the discussion thats going on!

Can you invest that money and get a co-op that you can live in and reduce your monthly living expenses?

I built my credit up by being a co-signer for a leased car with my mom while I was in college.

I'm worried about being able to qualify myself or get a co-signer that has the qualifications to be able to get me financing.Don't pester them to death...instead try to schedule some times at their convenience when you can pick their brains, or study the MLS with them, or even drive an area.

You can get a CO with deficiencies on it, and fix it within a certain amount of time period.