Hello everyone,I am a senior at ASU and am looking to get involved in the real estate industry.

Hi Marty,It really depends on your goals and where you are at in life.If you are risk averse, then buying a house for cash is probably your best bet.

I had factored in repairs, closing, no commission due to no real estate involved....What would be considered a better spread?

If you can't do that then a HELOC is probably the best bet, but make sure that your rent will bring in enough cash to cover both loans.

Typically, appraisals which don’t involve a sale/purchase price will be more conservative.When the Identical house to yours actually sells, then you could try again.

There is always risk involved

We want my wife to be equally involved in our new side-hustle, so are there any introductory type of books that you would recommend to help my wife get in the right mindset for running a real estate business?

My bet is that you did something small during your first class. 

Multi-family is your best bet .The most difficult thing to do is to get off the sidelines.

Notice how all these hypothetical individuals are involved in business before anything else.