Im 34 years old and have my mind set on real estate investing.

Maybe you did not explain it right, or maybe they want to see you succeed on your first deal then will throw money into the investment the next go around.

He was also in escrow to sell the house as a busted flip, as-is.

I personally am interested in creating a long-term rental portfolio but I'd be interested in hearing any strategy, ie. house flipping, short term rentals etc.

Hello! I am brand new to this app, and wanting to connect with people who have done wholesaling with minimal money of their own involved. 
Thank you in advance!

Don't be discouraged by the lower returns—house hacking is often about long-term wealth-building, and your primary residence can offset some of those mediocre numbers.Make sure you're accounting for local trends and realistic rents—sometimes expected rent growth is overly optimistic, or costs like repairs might be underestimated.

To me, that can be done in many asset classes, but I think most people associate it (nowadays) with single family residential investing.

Unless this is strictly a student housing for IU play you would want to be extremely hands on to make this work in my opinion.

It is a 4 bed 2 bath house built in 1990.

Illegals require housing.