Not sure how many Fraternity Men there are on BP, but wanted to see if anyone had ever tried anything like this before.

Obviously college kids are not the ideal tenants for most rentals, but fraternities, especially ...

Once I got a job I was doing really well getting promoted and raises every 6 months, then I remember my friend who was the party animal who stuck with it and got his degree was going to be making 50k right out of college and I was making 32k after two years of hard work.

We had a really bad situation that was more than likely intentional animal urine spraying from the previous (evicted) owners.

When you do not need the cash it is more about quality of the asset and equity growth while being more passive.If a person is talking 500k to 1 million or even 2 million properties that is a different animal.

I simply walked everywhere I went and when hungry I simply went into the forest (animals live on grass and leaves) or thirsty went to a water source (river).

Really, if society can't function, there are no animals or bugs to eat, no vegetation to eat and/or grow, no clean water to be drank; you die right away or you live for 6 months on ramen noodle and die anyways.

Well you propose two different animals....residential vs. commercial (a 10-unit building would be commercial), and SFR vs.

I would much rather my first deal in that kind of price range have a really big cushion because I would expect some things to go wrong and want to mitigate the chances of coming out of pocket as much as possible.But california investing definitely seems to be a unique animal where you just have to take your shot.

@Tyler SmiarowskiLow Income areas can be quite profitable and as others point out are a different animal and take additional attention.

Too many variables to give a definite "Y or N" answer but as it appears we are in similar boat, I'll give my 2¢.Different animals when looking at house-hacking a MF in CA or purchasing out of state.