I've only been vaguely interested in real estate up until know, through what little second hand knowledge I gained from just listening to the podcasts; but I am ready to become a serious student of real estate.

Couple of days ago, i was standing right outside the operation theater at 4 in the morning for after about 30 mins, i heard the crying sound and it reminded me of Mr Goldsmith's comment about the miracles of his life.

Would like to add one thing to make sure of as well, if your rentals involve student housing, and you rent out rooms.

It would depend on you as a student.

Of course none of this was legal or documented in anyway, but I still produced a cash flow of about 400 dollars a month and even managed to sell "the rights of the name Sebass' Brownies" to a younger student for a tiny amount of cash when I graduated.

I remember as a traditional student in business the Gale publications allowed people to purchase their directory for different purposes (starting or expanding one's business). 

We are thinking to focus on buying in college towns and renting to students.

The slowest months are May and September--right before students get out of school and right after they go back to school.

Should I be a full time student and be a house flipper after I graduate or be a full time house flipper?

The house is nicely renovated, so the privacy fence spaces are intended to give upscale private college student residents a little privacy and separation from the neighborhood.