Also, this can be taking a leadership role at your University if that is in the business department or elsewhere.

You will need to show that you can either support the new payment out of your existing income, or come up with a really good proforma.

Hi Guys  Thank you so much for all the info and support.

Pros = 1) Rented on one side for 15 years, the other for 2 years 2) Zillow is telling me that its worth $52,0003) There is nothing rented for under $400 on Craigslist in that area.4) I have it under contract for $20,0005) I have had an agent/property manager tell me it is worth 65K not to buy if for more then 50K he also has properties in that area. he thinks it should rent for $350 to $375.7) A property manager went there and told me its not in a war zone,but its a 6 with 10 being the worst.8) A second agent gave me an income approach and told me if I wanted to sell it I could get about $40,000Cons= 1) 3rd agent went there and he told me that the area is too rough for him and wont touch it, but has friends that will go in that area.2) I am unable to pull comps- I have used things like myfirstamerican, Eppraisal, Chase estimator, and not getting anything, this is also why I have contacted a lot of agents to give me some feed back. 3) I live in California and will have to find a support team there.

It is hard to find support for becoming an investor.

It's unethical to overpay for a property unless you have a very good altruistic reason for doing so, and the funds to back support your charitable act.

Just need a little encouragement and advice from those of you who were once in my shoes; the family and friends are all supportive, but I need to show them and more importantly myself, that this is something I can do. 

I got my BS in Entrepreneurship from Missouri State University and helped a friend start a construction business while there.

I am not just saying this, our yearly stats support that development is not slowing down.  

I am attending the University of Tennessee and live with my wonderful fiancé Lauren.