To have a sustainable business that will last for many years you have to know and do more than just buy some crap on the mls and hand it to a manager.

It's not an overly complicated business, but it takes a consistent action over a sustained period of time to generate results.    

All these factors, assisted in sustaining a decent ROI, regardless of the low Cap Rate.

Aside from a small roof issue the house sustained no damage during Katrina.

My goal for real estate investing to to build a solid foundation so that I can build a sustainable legacy for my children to take over when I am long gone, (which hopefully will be a long time from now).

anyone who wants to take this investing stuff seriously needs to do their own homework and put in more than an hour a day, which is what is pitched at these events (i can't imagine anyone simply getting a fully operational self-sustaining system in place without any amount of capital or experience-based knowledge).do we regret taking the course?  

I'm educated as a civil engineer (Ga Tech) and have worked in the commercial construction industry for years in multiple roles; development, feasibility studies, governmental approvals and permitting, pre-construction and estimating, project management and superintendent work as well as handling all sustainable construction and LEED certification in house.I'm a voracious reader and am currently consuming "Building Wealth One House at a Time" by John Schaub.

That is not sustainable as there will not be buyers for the homes that come on the market based on comments above.

What's that going to do to the older apartments, and do you think the influx of more students can sustain the current prices?

Our CPA had advised creating a new LLC once the original reaches a certain amount of equity, but your approach is nicely structured and sustainable.