In small college town with high rental demandAsk price 745kGross rent: 9750/mth 177k/yr     (differed maint properties with potential 200/mth per unit increase once renovated) estimated reno (190k across portfolio)NOI: 91,475/yr   (12.6 CAP)    (includes tax, ins, listed maint for past yr)     After reno NOI 127,475/yr   (14.6 CAP) Deal info:    - Owner finance 745k 20yr at 6% 20k down minus deposits (~13k)Cashflow  = 2100mth     (self-managed) (self maint similar to the previous owner)By this alone, 2100 cash flow added per month, it will put me at my financial freedom number of monthly cashflow is equal or greater than my families spending amount.

We were pretty good kids in college, but of course we had parties and made our share of messes.

Getting a bit tired of my current job (first out of college) given the demanding hours and really motivated to transition into making Real Estate investing a full-time occupation for me.

I'm an out of state investor and I purchased a duplex in May (Fayetteville Arkansas next to the college).

So on May 6th of this year, I started my real estate journey after a very rough first year of college.

Since you are just graduating college you may already realize that it's not what you know, but who you know (as a personal note, I had college friends that were barely passing their classes however they ended up with really good paying jobs due to "who they knew").

So, somehow, even though I'm an experienced professional, successful, full-time real estate investor, who has paid him to show me the ropes about Notes, I am responsible for college level knowledge while I'm still in grade school?

The property is a 3/2, in a great family friendly area and very close to a commuter college.

Most of these buyers are newly out of college so they might have friends that will be roommates.

I am retired and working on career #2 and 2 of 3 of our kids have left for college - our oldest is headed to UConn for her PhD (6 years) and instead of paying to rent, our thoughts are to do a version of a house hack with buying a house/condo and renting out one to two rooms to offset the costs of her rent.