You're right though it wouldn't be a bad place for some potential student housing, I will have to do some research into their market and see what I believe it will be like in a few years because more than likely I would want to sell once I graduated. 

Today young people graduate, get their entry level job and gain experience in their field.

I graduated during the wrong time and now have to invest with premium payment.Thanks once again!

I'll quickly paint the scenario.I graduated from university just under 1 year ago.

I am also from the bay area and also invested in Austin area (a key reason is that I am familiar with the area, having graduated from UT).

My issue is that I've already graduated with a 4-year degree without a major/minor in RE.

I can't see the bank closing down a LOC, but if you bought a deal you should be able to get a lease in place and finance.I have a brother in law who is just graduating college, and I know it's not the right time in the cycle, but still 3 percent down on a 4-plex in rural Minnesota.  

I am working on putting together a balloon mortgage with a 6-month graduated repayment schedule to permit stabilization of the asset (a storage facility).

I a 32YO college graduate who has never owned a home.  

In addition to that the property has a lot of parking space and the seller of the property mentioned possibly renting out spaces to the workers across the street, something I might consider.So my concerns are what I'm going to do if I wind up leaving home to go to college after I graduate from community college, and are expectations too high?