Due to a private college located in town, the rental business is phenomenal.

Rich, our college aged son, that partners with us in business, taught himself Revit.

Having spent 4+ years at UCSD, I'm familiar enough with the "tenant population" to know that it is a terrible idea to rent to the college version of myself... not just that the numbers don't make sense, but also the likelihood of parties causing major repairs every year, above and beyond the security deposit... very much not tenant friendly.

Welcome ,All comments above I agree with, but you’re in a small marketversus Milwaukee or Madison ( bigger local markets ) I would also check with a several local credit unions and real estate agents in Superior to gauge cost of points, credit scores, financialrequirements, etc Rehab cost – check with a few local handyman, carpenters, suppliers, and etcOne thing you have going for you is the local college - Superior -with a steady flow of students and professors looking for housing

I believe, one of the changes will be requiring those with college educations to actually have classes in a related field in order to qualify for a brokers license.

We are past living like starving college-students to stay on-time for a loan $120K more than the house is worth...Is it worth approaching the investors?

* Potential Rent in this college down is $1700 - $2000.

Also, the campus area shows a lot of crime, but that's probably drunk college kids getting into fights or vandalizing.I would say stay away from Hilltop, Downtown, Old Towne East, and South Linden, that is where the majority of violent crime seems to be happening.I know there are some property managers in the area who would argue that even OTE has good investments for buy and hold.

I have several Real Estate books from college and Barnes & Noble... but for some reason, this is an easy {64 pages}, yet effective read... well worth it.

I recently graduated college and now I'm an Asset Manager for Real Estate Investors, so I was wondering what would be the best way to use the money allocated from the sale of the land.