That means 6 kids + 12 parents could possibly contact me over one property. 18 decision makers for ONE property. 

Luckily, all of my tenants have had well-trained, indoor pets that had already lived through their puppy years in someone else's property. 

Weed is legal in-doors (and users are very normal young people), but it's still hilarious how embarassed tenants are when the smell is still hanging around while you inspect the unit.

Now though it starting to appreciate and if it keeps going i invision selling it, using the equity plus 50k of my savings and buy a money maker in boston (expensive) or Fall River (cheap) or in my own town which is a college town.

(price range $180k to $220k - taxes $3600).Do any investors have experience with student rentals - they seem like money makers - What are the pit falls, other then students being hard on the property?

They claim this is five times more earthquake-resistant than conventional buildings.The company also says that it is five times more energy efficient, with 6-inch thick glass curtain wall insulation and four-paned windows with built-in shades, a heat recovery system and 3-stage filtration air conditioning process that purifies indoor air to be 20 times purer than the air outside.

There is also the tax issues of the forgiven debt from the write down they would need to discuss with their CPA or tax attorney.FIRST is to find out who is holding this loan (local,regional,national,etc.)They will all look at it differently based on a ton of factors.You have to talk to the decision maker on the file and see where they are at with it.I am sure the bank wants one thing in a perfect world and the sellers want another and you have to see if they can meet in the middle.

(albiet for an average price of 12k) :( but they were purchased cheaper and moved just the same.guru_wanna_be's idea of doing it backwords is a good one too.Visit your local REA group and find out who the deal makers are, what their critria is and that should give you an idea of where to start looking.The most important thing is to take an action.

The quality of discourse here makes it worth I like your analysis of the active involvement needed to make  real estate investment work.

SB 1069 proved to be the difference maker in pushing the Santa Clara planning commission to approve my petition for a variance to legalize an un-permitted secondary dwelling unit behind my home in Santa Clara.