I did a quick check on the top universities in the US and 2 of the top 5 are in California.

Hi everyone, I’m a current engineering student at the University of North Carolina at Charlotte and I’m currently employed at my future engineering job which I’ll continue to work while I’m in school.

I arrived from Venezuela 8 months ago and since then I've dedicated myself to learn Real Estate.I am 22 years old and I'm an Industrial Engineer and currently an IoT (Internet of things) Engineering Student at Florida International University, 2 months ago I obtained my Real Estate License here in the state of Florida after working as an assistant for several months to gain experience and knowledge in the field, specifically in the Short-Sale/Foreclosure area.I've been building my credit since I arrived and filled my taxes, fortunately, I was able to qualify for a conventional loan for an amazing property here in Miami, I would love to hear about your opinion regarding this deal I've picked up to start off my Real Estate Investing Journey.The property is located in the fast-growing area of Wynwood-Allappatah and has a huge lot of 10,000 SqFt with a 3 Bedroom 2 Bathroom house in "ok" condition that needs an update but could easily rent for $1800-$2000.The property zoning is T4, which allows an 8 unit multifamily of 2 bedrooms and 1 bath each unit.I picked up the deal after a few months of negotiating and hard work for $115,000.Comps run in the range of $300,000 - $280,000 for updated properties with lot sizes of 5000 SqFt or less.I've received offers for $230,000 and $250,000 AS-IS, but I'm planning to update the property (Rehab cost $30,000).

The prices are inflated due to the University.

I am a full-time student studying aerospace engineering at Mississippi State University.

So, if the properties are more than 3 blocks from the University, the guy is trying to bamboozle you.

In Newark we drove around the University Heights area (looked promising) and Lower Vailsburg  (not so great).

Most universities offer free small business consultation as well.

Ton of tech companies coming, awesome universities churning out highly qualified grads, low COL and housing available and stable/rising population growth. 

Purchase price: $195,000 Cash invested: $70,000 Saw this property pop up on the MLS and quickly submitted an offer after seeing the location so close to Whitworth University.