He said that when he graduates high school he wants to get into real estate when he starts college.  

Since I plan on holding this property at least until the kids are done with college (~20 years) it made sense to me to get the cash-out.

College is expanding, and Boeing (plus supporting businesses) is still going strong.

Arlington/HEB), or a quad in an area that caters to college students (TCU in Ft Worth or Denton)?

It's not just me I'm making these decisions for, my kids have to eat and have health care and eventually go to college!

If it doesn't sell, I will rent to some single college kid.. 3- month lease, with knowledge the house is for sale..

For me, it's just as mentally exhausting in its own way as studying for advanced college classes or writing major papers, and I finished summa cum laude and went on to grad school in the Ivy League.

Applicants B: Newer college graduates. 

However, I am concerned with that option as having another asset under their names could negatively affect their ability for future loans (personal, business, college) and increase their annual tax bracket????   

I am 20 years old and still in college.