Additionally, I will be attending the Ocean County Sheriff Sale this coming Tuesday to observe (we have two private lenders who are interested in working with us).Thank you in advanced for any assistance you all can provide!

@Jason Bradstreet Please provide additional details about the type of property you are seeking.

Note: if you have already reached maximum FIFA contribution from other ordinary income, then this additional ordinary income created by turning investment income into business income would be taxed additionally at only the Medicare rate.

A lot of student rentals even here in an extremely tight market are offering concessions like free month (or $250 off), free wi-fi, free tv or whatever at this late stage in the season.Advertise in the school common area, near mailboxes or whatever in addition to the standard ways.This certainly doesn't happen to everyone so I hope it hasn't discouraged you from investing @Jem Jacala!

I would like to take equity out and use it to invest in additional property.

So, over time, you may have appreciation as well as debt reduction.

Essentially, my seller is willing to do some owner financing in addition to the FHA loan.

There has been additional schools and plants built here, we have 4 seasons, and for the most part our weather is not extreme.

@Anthony Ciulla What you describe (further developing a property with additional units if zoned correctly) is very doable - that's mostly what we've been doing in SD for the past 5 years.Be very careful, though - the costs associated with doing it are far, far greater than most people expect.  

I am planning to buy and hold for 10 years and sell it for my child education and my retirement.Or if I hav the finance increase the value by building a mini commercial complex like McDonald,postal service,petrol station,etc,The location is a issue now.Either I should buy in urban or rural area.If you need any other additional info please let me know.Tonnes of appreciation