I graduate from the University of Utah in the spring with a mechanical engineering degree.

But city governments, schools, public libraries and first responders could face major budget shortfalls."

Due to crime and poor schools . 

We will sell the home in May 2025 when my son graduates, and I will share the profit with him.

We never graduated to 506C.I think the vast majority of syndicators start out with 506Bs, easier to raise from when you have little to no credibility. 

After graduating college with a degree in both marketing and finance I transitioned to the lending side of the real estate industry.

Only nearby city that rivals it is Amarillo (2.5hr drive north) and it does not have anywhere near the education infrastructure or $$$ inflow Lubbock has (at least not yet) with Texas Tech and associated schools, SPCC, LCU.

Purchase price: $205,000 Cash invested: $27,112 Bought for $205,000 in the Maine-Endwell school districtMonthly rent (pro forma with 3 month stabilization) $4,800Taxes: $9,238Insurance: $2,642Gas/electric: $0 Water/sewer: $2,451Total expenses: $14,280 I used a conventional 10% down.

No room, then I question how serious they are about training...and you need training....real estate school teaches you laws, contracts, and concepts. 

My current situation - I have a FICO of ~630 (no late payments or derogatory marks, just credit card debt from school).