You will probably get people saying that's a bad idea but I've read of cases where it worked out.But definitely see what you would get approved for and go from there .

I think student housing is a great idea.

Put that idea in your rear view mirror.

Awesome response & lead gen ideas.

In my current situation I only have the ability to do one deal per year so I'm exploring the idea of using a HML to buy properties quickly and at a deeper discount.

In talking to potential leasees/buyers they LOVE the idea of some rent going to purchase price and HATE the idea of some going towards seller concessions I simply want to give my customers what they want and not trigger Dodd frank if possible I have a few pieces of land I am moving used doublewides ontoThinking Of Selling with owner finance the mobile home titles as automobiles are to not trigger Dodd frank complications.

So I have a pretty good idea on repair and renovation costs, but they are NOT perfect by any means.

That should give you a clear idea of your odds. 

I am excited as we have trust and similar ideas.

But you can get look at the historical utility costs to get a good idea of that.