Hi Jack.I would purchase a 4 bedroom house near your campus as a primary occupancy house (put 5 percent down), furnish it, and rent it out to students by the bedroom (not the whole house)If you invest $10k in buying and rehabing it and charge students $500 a bedroom ($2k total), and your morgage payment is $700 a month, you have just returned over 100 percent on your 10K investment every year, not to mention the equity you are gaining.

Purchase price: $37,000 Cash invested: $37,000 We are in the process of rehabbing this SFH that has the potential to have a 4th bedroom.

Layout - Units with +4 bedrooms can be tougher to find an entire group of people / family to live there. 1bedrooms and 2bedrooms units we've found are easier to fill.

The property consists of a desirable unit mix of one one-bedroom, one-bathroom unit, seven two-bedroom,one-and-a-half bathroom units, and two three-bedroom, two-bathroom units.

There is a strong inventory of older properties which can be ripe for flipping however as the previous commenter mentioned, it will certainly not be as ample supply as Phoenix.

I already have three people that agreed to live with me for $450 a month and I would have one more bedroom to boot.

I am looking at an investment property that has two two-bedroom units upstairs and a cafe/deli below.

The garage is enclosed and basically a bedroom, there is HVAC lighting closet , separate door etc, but no window.

Fully renovated 3 bedroom, 2 bath colonial.

Fully renovated 3 bedroom, 2 bath colonial.