On the other hand, the rental market in Boston is fairly secure in contrast to some other markets given its proximity to universities (student housing) and being a hub for young professionals (millennial renters).This isn't to say you won't make any money in Boston, but rather you won't have much positive cash-flow until mortgages etc.. are paid off.

Close to bus or university? 

I do virtual wholesaling myself.

Below are the details of the potential of this property.3 Bedroom with 1 bath 1,160 square feetLocated right next to a University with 20,000+ studentsCost 99,900.

Actually I plan to just pay the $500 fee that gets me the sign, an MLS listing, flyers, virtual tour, lock box, contract help, etc.

Michael, I graduated from the University of Minnesota, proud Golden Gopher.

@Rich HupperI work with graduate students at the University of Utah and I'm somewhat familiar with international students.

We have a few rentals near a university in Northern MN.

Area = B class (walking distance to a private university; tenants will most likely be college students)Rent: $1,200/monthExpenses: Taxes = $200/moInsurance = $125/moMaintenance = $100/moVacancy Loss at 5% = $75/mo (Asked owner to see previous leases and home has not had any vacancies for the last 3 years, but is currently vacant; lease ended 7/1)TOTAL EXPENSES: $500/moPrincipal and interest = between $400-$450 (depending on final purchase price; Pre-approved 20% down, 4.5% interest rate for 30 yrs)Closing Costs: $3,000Estimated Repairs: $0 (move-in ready).What's your max offer?

But know the majority of the city is fueled by three major universities which means you either be renting to college students or surround by them.