I know it’ll cash flow near 1.8k and be a great property... but I’m going to have to eat the mortgage until June or August...when I can get a new group in... it’s a 7 bedroom house... if you have a group of seven people, you ain’t looking for housing until June or July... if you find a multi unit of 1-1, possibly 2-1, it may be easier to find students mid year.... it all depends on your campus... mine is a large school 45k+ with a large commuter population...so it’s very feasible for a fresh or jr to be living at home In March and decide I want to live near campus/or I now have enough $ saved up to move near campus.

Often renters with included heat run the heat pretty high, don't turn it down when the leave the house, or do silly things like run the heat with a window open for fresh air.

A fisherman never reveals his favorite hole

But you are truly a breath of fresh air.

Fresh cucumbers, corn, carrots, strawberry's, etc...   

Just needs a new AC and heater, fresh paint.

These documents will reveal any looming "surprises" such as Special Assessments and Maintenance Fee increases.

Some questions that they ask can reveal if they are party or want to hold parties in the house.  

These would reveal the potential need for a Special Assessment or significant increase in monthly fees to someone knowledgeable about how HOA's operate.

. - 6.62 acres- Backs up to 1,000+ acres of public land- Close to casinos, Traverse City downtown, numerous fresh water lakes What made you interested in investing in this type of deal?