. - If you just personally paid for the renovations then the interest won't be deductible because "paying yourself back" doesn't qualify. 

If you think you can manage a mortgage, taxes, insurance and the upkeep of a home while paying your student loans then buying is not  bad idea but if you think you will overstretch yourself renting is nto bad either.

Expect to pay 1-3 points, probably $1,000-$2,000 in origination costs, and 10-13%/yr on the note rate. 

You have to pay depreciation recapture and gains on the pro-rated time it was a rental.

One of our residents was robbed outside of this property and we ended up paying for the resident to move out and sold this property.

Now I spend 5 years hoping they make their payments and somehow refinance to pay off the balloon. 

Hello Folks - My name is Ercilio De La Cruz (Rob).

It's worth paying a premium for the brick buildings that were built for multifamily.

thanks Greg, yeah in NJ I pay $50 for LLC creation and 100 for boilerplate operating agreement for each of my properties to get an LLC set up online in 5 minutes and spits out the same documents  vs. $1500 for a lawyer so its just common sense to not use a lawyer and throw the $ away.     

Whatever approach aligns with your goals, I would hook up with a solid team focused on that investment strategy with the experience behind them—no need to pay your dues if someone else has and you can learn from them.