It seems like the most crucial element to have success with it is to first find a great deal. 

Pest control was considered an accepted element of maintenance.

@David MoreheadBooks: Due Diligence Handbook (super important and often missed element of the underwriting process)The Real Estate Game: The Intelligent Guide To Decisionmaking And Investment (solid overview by an experienced operator)How to Create Lifetime Cash Flow Through Multifamily Properties (free, solid book)Articles:How to Avoid the Most Common Commercial Due Diligence MistakesDeal Screening Checklist for Passive Multifamily InvestorSpend time poking around the Internet + networking with local multifamily investors to understand how to underwrite and what assumptions to use. 

@Tyler Smith I live in State College as well for school studying environmental engineering.

If it's topped then getting out yesterday is the call.But there's an added element in your desire for your son. 

The results of the environmental study can be a deal breaker of its own.

I got my mortgage through Shaneka Pedersen at Elements Financial. 

I'd want to check your math (because ROI of 14% seems high on student loan payoff), but I'd take 14% guaranteed ROI all day long.I think we'll see other opinions, though, as there is a 'personal preference' element to the question of reducing debt VS investing.Best of Luck with Your Real Estate Investing!

If you read the signed contract there are a number of elements that no longer apply and that they did not do (because it was unneeded).

They also added an expansion to the community of $120k of a new common element without receiving permission from any homeowner.