If they don’t spread this messaging they won’t have a captured audience of  paying students.Now what happens when you use credit card debt to buy real estate and you can’t sell the home or you can’t refinance or you can refinance but you can’t pull out the credit card debt?

It’s a flip, self financed through a loc, 220pp 60k rehab, will sell out between 400-450k. those are spectacular spreads at those price points.

Often times you might want a more detailed analysis which I typically do in a spread sheet.

Why did you allow it to spread so much? 

A decent spread and 3 happy parties Lessons learned?

Yet, the initial investment might be heftier, and the management could be more complex given you're dealing with more tenants under one roof.On the other hand, single-family homes might spread out your risk and potentially cater to longer-term tenants, promising less frequent turnovers.

It seems like the spread is large enough to still profit without subtracting the rehab cost.Maybe I’m misunderstanding this.

Making such a blanket statement on item #2 is not reasonable (Im sure you will agree once reading my explanation) as the combined LTV plays a hudge role. if the first was $100k, and the second was $25k and the value was $300k, would you say no way to a $25k loan at risk in second position with $175k equity spread and a combined LTV of 41.6%?

Our portfolio is geographically spread so hiring pros in a specific area doesn't make sense for us. 

Potential ways to spread their tax burden over years as well.