A couple pieces of advice coming from someone a 20yo going through the same process of getting a license, trying to learn about different real estate strategies, and being a college student athlete. 1.

Further anecdotal confirmation of this is the fact that I am looking for work in Detroit and plan to live in my appreciating house in Haslett while I do that.Risks exist but are few in Haslett:-Lake Lansing could fill in or become polluted-(but it was recently dredged and inlets are monitored closely)-MSU could become less popular in sports-(but it's hard to hard to imagine that happening because the University is very supportive of its athletic programs, MSU alumni are numerous in the area, and MSU is in the B10 conference).

@Clayton CoombsThe best way to legally avoid paying taxes requires a lot of money to set up and making your records public domain.Set up a foundation that counts as a non-profit/charity, then all your assets are placed in trust under the foundation.Several pro athletes do this as do the Clinton's and Obama's.

I know - no woman wants to sleep with a trim, built champion athlete.

Lastly just be adamant, that you are going to make it, as a famous athlete once said: I have made a lot of shots, and missed a lot of shots, but I missed 100% of every shot I did not take. 

We grow more when learning about different topics and perspectives, it’s why athletes use “cross training” during the off season.

I hire my hardest working student athletes as laborers during my renovations and I mentor them about investing while teaching them some hands-on skills while we renovate together.

But I have a buddy who played Division I ball at Tennessee State and went to the NFL combine, played arena ball for a year, who watched the show and was just amazed at how well it managed through gladiators to portray many of the modern realities of what it's really like to be a high-profile professional athlete.

However, the reality is none of us probably are going to be pro athletes. 

A lot of pro athletes and others who end up with a lot of money at a relatively early age don't do proper planning.