We initiated FC and set the opening bid just above our all in costs to attract more bidders at the trustee sale and it worked. 5 month hold time.All in costs: $34k.

Real contractors / plumbers / electricians - have heard that line a million times.

If you bumped up the rent a little bit you may get less inquiries, but could possibly attract some more reasonable minded tenants.

It is also a safe and transparent market which is one of the main attractions to foreign investors.Nice to meet you on the forum.

I'm sure that there a million different permutations here (shorter/longer timeframe, hidden costs, etc.) but I'm really looking for a starting point.Thank you very much for your time.Brad

Books I like are:  Steve Berges - Complete Guide to Buying and Selling Apts; Dave Lindahl MF Millions to start.2) Network - attend local MF meetups in your area or create your own.  

However, the addressable market still consists of more than 6.3 million students in 280 markets, based on my target market of Historically Black Colleges and Universities (HBCU's) and other public flagship institutions with more than 5,000 students.I've honed my skills and created competitive advantages that should help grow are tenant stream for years to come.

Higher end areas with higher property values will attract more quality tenants but will usually offer little cash flow.

Nearly three-quarters of our business comes from referrals, so we know that building trust with our clients will pay off for us in the long run.All that being said, there are a million ways to invest in real estate and only you can choose the one that fits your needs the best.

@Kevin Harrison how would you go about allocating the use of common areas such as a bathroom and kitchen that would be attractive to potential tenants?