I remember closing on my first property during finals week - my professor allowed me to leave mid-exam to go sign the paperwork, but I had to return right away to finish my test!

On another topic here at BP, there has been discussion of the Professor Robert Shiller comment that when discounted for inflation, real estate value in real dollars is the same as 100 years ago.Whether or not that is absolutely true or not, shouldn't capital gains tax be indexed for inflation so that an investor did not have to pay tax on the increase dollars of an investment that is due to inflation.And secondly, wouldn't that be the truly fair approach, so that an investor is not taxed on inflation?

I also know MaCalester College, William Michell Law school are close-by (within 10mins) so depending on how strongly your lease and property management is, I think you will do just fine.So what I'm saying is you may be able to get Professors, College Staff or FT grad school hopefully - avoiding discrimination obviously.I also lived in a duplex in NE Mpls (Columbia Heights) and it was quiet (long winter - kids came out in summer to play on the quiet streets) but very close to Central Ave.  

As an example, we have rented a fully furnished 3-bdrm house to a visiting professor at one of the local universities & her family.  

No respect for teachers and professors.

There's a really interesting book by a UCLA professor, The Rise and Fall of Urban Economies, that compares the economies of the Bay Area vs LA region.

Yes, professors are stable high pay jobs. :-)The university is only a small fraction of downtown.

Most every state has a major university that has a R/E department and I like these because it's unbias and there is no profit motive.In one of the discussion articles one of economics professors is a bit contrarian and thinks this "shadow inventory" of homes banks alledge they are holding isn't that real...or as big as the hype professes to be.Good stuff here!

The tenant squatter is David Peritz, a professor of political science, a very smug guy who is abusing the system and living free in an elderly professor's home.

A SFH would offer you the ability to creatively rent space to students, families, short term visiting professors, etc.