I realize these estimates will play into the CoCROI which is likely to have some effect on my willingness to purse a deal.

After pouring time into analyzing it, quotes from lenders and insurance agents, money into inspections, and getting attached to the idea of owning my first property, I had to realize that I needed to pull emotion out of the decision and let that first property go.

I realized that like me there are a ton of new real estate investors who are trying to get in the game, in the process of getting in the game or just got into the game and is figuring this **** out on the go.

Turn-over will be high, and you will need to market your property during the start of each semester as vacancies happen.This is just a few points, I just realized after typing these I can play the pros and cons game all night lol Students are a lot of work, but they are worth the return if you don't mind actually being a part of your "empire"

Eventually they realized that although highly practical, it was also highly confusing (and boring) to have both a 1st St. and a 1st Ave, a 2nd St. and a 2nd Ave, etc, that all intersect each other, so they switched all the avenues to nature-related names (mostly trees, birds and flowers but also some scientists and wealthy people's names peppered in like Carnegie, Curie and Tesla).

When dealing with motivated sellers, and not just "curious about selling", you will quickly realize that it is credibility that is king (not connecting with them).Let me tell you something that keeps happening on our end.

What are the tax consequences, if any, if I realize a significant gain from the sale?

However as I decided to look elsewhere I am realizing it is still cheaper than most, the cash flow is just less right now.

@Mindy Jensen - I realize that.

  - Evictions: We have done a few things with evictions after purchasing auction properties and I think one thing is important to realize.