And I also know that many schools use a financial aid calculator that does NOT exclude small family business assets, so probably an academic exercise at the end of the day...)

Hi BP Gurus / Seniors,I am new to the REI and placed an offer for my first multi-unit property.Here are the details.Area: Near by Shabbona Park, DunningNumber of Units: Legal 3Built: 1950Price: $455,000 ($450k (purchase) + $5k (Minor repairs: Nice to fix but not an immediate need))Loan Type: Conventional (20% down & 2.5% interest rate)Annual Gross Rent: $38,400 (Tenants pays Electricity + Gas)Annual Expenses (Property Tax + Insurance + City utility): $10,000Parking Space: 3 (Garage – 2 & Side Pad – 1)Other details: Exterior Brick, free laundry in basement, all units occupied and it is a turnkey property.Pros: Steps away to CTA Bus Stop; Good Elementary school (PK-8); Walkable to Shabbona Park Recreation, Restaurants and Grocery Stores; 10 mins drive to Schiller Woods; 15 mins drive to Airport & low crime to visit the property any time confidently.Cons: Below average High School & 20 mins CTA Bus to Blue Line.My Situation: I will be in Chicago area until next Summer and relocate to Texas.

I was also looking at Attleboro (great school systems, people willpay a premium for that) and Taunton but Fall River and New Bedford seemed to be the best priced market and the ones that had the biggest chance at going up in value due to the train.

Both of my tenants are college students and not sure if they would even go for that in the middle of the school year.

You can learn this in school.

I typically see our clients start with hard money and slowly graduate to private money lenders over time.

Hello, I am a senior in college who will be graduating in December.

This way I'll net $10k, but I do need two cars since my wife, son and I share two cars for school and work.

I’m able to buy 1% rule on sf in high quality school districts.

I am working on my obtaining my bachelors degree, and graduating debt free.