@Jason O.I've rented to over 700 students (under and grad) and I understand the market well.To do it successfully: time it with the academic calendarSept to May: flat price including utilities and furniture for max revenue, can include a cleaning service to keep an eye on the rental.May to Aug: depends on your city density and the amount of summer classes, increase the price to accommodate the demand or decrease it accordingly.

A few neighborhoods that are a tier below the west end and that would probably make more sense for you when running your numbers would include Montrose, Chesterfield, East Highland Park, Colonial Heights, and Sandston.

Texts are also included.  

So you are exceeding 1% on the structure costs only and not including any land value.  

Ie: if the lease (including m2m with proper notice) is expired, there's little to dispute.)

If you have losses that high then it is worth your money to hire a CPA to prepare your tax return.They are paper losses not actual losses in the bank.What will be an example of passive income that is not real estate rentals.I'm assuming that capital gain from stocks is not included and can't be used to offset real estate losses even though they are passive income?

Some of the people you want to talk to include mobile home park managers, owners and mobile home dealerships in the area.

This is because long term few markets have presented the cash flow of San Diego RE.  

The business is about leveraging so I recommend With a $100K in cash and $100K Heloc get approved for a loan that includes renovation $. 

I’ve been attending the RI Real Estate Investors Group (RIREIG) for over 20 years and have found it very worthwhile for the information in the presentations and even more so for the networking connections and friends you make.They meet twice a month, usually on Thursdays, one is online for anyone and the other is in person for members.I hope to see you at a future meeting!