I closed on a condo in a college town 3 weeks ago and used a different lender there who asked me the same thing.  

I finished my bachelor’s degree in business from Southern Illinois University - Carbondale, Illinois and took my first job out of college with Hunt Construction Group as a field engineer on the $250 million Kansas City Royals baseball stadium project.

A buddy of mine in college became a broker and we recently reconnected.I asked him about real estate investing and told him I am looking strictly for bargains, etc.His advice was "always buy your own place first before you start investing in rental property.

Is it common to shut down a boiler for the Spring/Summer, or was that done only because the previous owner was selling to us.

Applicants who have a bachelor’s degree with a major in real estate from an accredited college or university may have the 60 hour requirement waived, and those with a juris doctor degree from an accredited law school may also waive the education requirement.

After College, I left for Chicago to work in the commodities markets.

There are alot of private lender hedgefunds bear sterns etc that have invested over the last 13 years or so in sub prime and thet dont plan on loseing as far as the banks bailing people out i just dont beleve it thats a smoke screen to make the look sincere what they do is take there down payment and home and get the next guy in and take theres to if they dont man up and pay for it its not something for nothing in this but anymore you almost have to have a degree in economics to understand it confusion is there trick of the trade every business has them theres no crystal ball that says you will have your business/job/same income for the next 30years there finacials change and credit only the strong servive there is psychology within life/money please dont get me wrong a mortgage can work for you if you understand the loan witch is 2 inches thick and only a 3 day recision period but statistics say that you will refi every 5- 10 years need a new car college tuition new born etc and many many other things happen funeral and you need to consolidate and back to 30 years again they have all or most of the angles figured out or at least the important ones what you like is your fault .

Some tenant did a bunch of damage and the previous owner was discouraged and never repaired it.

My wife is an illustrator, already extremely busy on a project that won't pay her until the summer time.4) some sort of combination on the previous three.

Common sense still applies, even though it isn't a college course.