None of those requires college per se.

I'm not against it per se, but it does increase risk.

When the crash of 08 happened I was buying those same houses at foreclosure for 30 to 50k EACH never lived in. there were big SE builders that had 100 plus spec homes and they were losing them.

I didn't see your expected timeline (at $44/day interest) or ARV, so extra hard to estimate profits.Be sure to reduce your ARV 10% for realtors and closing costs and after-inspection concessions.Be sure to account for your silent tax partners- 1) Uncle Sam federal taxes & FICA SE taxes,  and 2) Your state dept of rev taxes, if any. 

I may do a 1031 exchange but the capital gains rates are low right now and I can most likely make money with some of the cash and use some for some capital improvement projects as I am mainly mortgage free at this point.The income that is not subject to SE taxes might be subject to SE taxes via payroll requirement if you run this transaction in your S-corp.

Majority of South Philly-Newbold (19146/45), Point Breeze (19146/45), Wharton/ Dickinson Narrows (19147/48)Brewerytown (19121)True Temple - 11th to 19th, Cecil B Moore to Diamond, most investors may be stuck on Broad-18th(19121/19122) West Oak Lane Closer to Cheltenham Ave (19126)Port Richmond SE of Aramingo, SW of Allegheny Ave (19134)East Kenzo (19125)/Old Kenzo (1923)/Norris Square (19123/33)W Mt.

as opposed to a "gift" per se.

Here's an example of this - There is a 12 plex down in SE Portland, and 4 out of the 12 units have people working from their apartment full-time for various companies. 

welcome. i am in SE michigan.

For more reading and sources:https://fred.stlouisfed.org/se...https://www.census.gov/quickfa...https://censusreporter.org/pro...https://datausa.io/profile/geo...https://worldpopulationreview....https://datausa.io/profile/uni...https://www.realtor.com/reales...https://www.redfin.com/city/71...https://www.greensboro-nc.gov/...https://www.greensboro-nc.gov/...https://www.greensboro-nc.gov/...https://www.greensboro-nc.gov/...https://www.neighborhoodscout....https://www.greensboro-nc.gov/...https://user-kcmpnye.cld.bz/20...https://www.greensboro-nc.gov/...https://livingcost.org/cost/un...