I'm a 21 year old college student studying finance and economics at UMass Amherst and I'm graduating in May.

Our hourly income is so high that I could never even consider working for anyone else (since I dropped out of college and lack the engineering/accounting/medical degree I'd need to make more from a job).When I started the business, I had imagined I could grow to several trucks run by lower paid guys, sit back, and enjoy a passive income.

Hi BPI'm a 19 year old college student who is also working part-time as a delivery driver at jimmy john's.

What internal rate of return should and cash on cash return should a beginner investor expect to see.or is there a better metric to look at for investing in rental properties.what do you guys generally see in your deals?

I like buying rent and holds in high density areas around colleges, hospitals, heavy shopping districts.

I want to make sure I don't do anything stupid or naïve before I make a big decision like this coming out of college.

It's located in a small city that has had its struggles, but the property is located between a college and a hospital, both of which are expanding and growing.

For instance an apartment community that's typical renter is a young professional with a college degree in a relatively high paying job ($60k+) would be a class A with top of the amenities.  

College kids, outdoor enthusiast, great scenery.  

To not lose money, have a negative cash flow, be underwater in your mortgage (owe more on your mortgage than the property market value ) analyze at least 10 properties cash on cash, ROI (return on investment), Internal rate of return (IRR), capitalization rate (cap rate), rent to value, debt coverage (DCR), Gross rent multiplier (GRM) are some ratios used in property analysis of SFR or MF rental investments.