Congrats on your purchase and wish you the best with it.

Spend those 2-3 hours finding your next investment, and you'll make way more than that $300. 

I just want to find out what is best for student rentals?

Yeah, if I can’t see a way of making it profitable without someone else managing it then definitely doesn’t seem like a good fit. 

@OSAMAH AL-BAGHDADIAnalyzing a market Sperling’s Best Placeshttp://www.bestplaces.net/School Diggerhttps://www.schooldigger.com/State & Localhttps://www.statelocalgov.net/GeoMetrxhttps://geometrx.com/Social Explorerhttps://www.socialexplorer.com/Justice Maphttps://justicemap.org/Safety/Crime StatisticsSpotcrimehttps://spotcrime.com/ Family Watch Doghttp://www.familywatchdog.us/Neighborhood Scouthttps://www.neighborhoodscout.com/City Protecthttps://cityprotect.com/ Crime Mappinghttps://www.crimemapping.com/

There are wholesale deals from time to time, but the best ones are not typically sitting around on Facebook.

Best of luck!

Lots of cheap areas look really high COC but then you have an eviction or lots of turnover costs and the COC in real life gets way lower.

@Su Pakit doesn't make sense to me... a $22K entry fee + $30-40K rehab and then no way to refinance. 

Both of them can help guide you through the process because either way you will likely need to prepare architectural plans to get submitted to the city.When you are ready for the renovation, let us know and we can surely be a resource for you in that department.