Renée I highly recommend you take a look at expired listings as many of my students have been successful getting started doing lease-option assignments to expired listingsThey want to sell and usually they don't have a lot of equity so a rent to own solution sometimes works well for themTypical deal is hundred thousand dollar house 95,000 loanMake 3 to 5% on a lease option assignment

I am an 18 year old college student and getting started in real estate.

Or am I just a failed guru-course student?...

As for investment property, unless it's to students, no

You might consider Niche or Specialized Housing like student housing.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

Unfortunately Clussive’s ignorance of the HUD rules did not exempt him from action by HUD.In order to ensure Clussive never closed another FHA or VA loan, they placed his name on the Excluded Parties List System (EPLS) and Limited Denial Participation list.

I have students who live in the Greater NY area and I was also real estate licensed in New York State a while back.In my experience these are the best opportunities I have encountered - short sales in the outskirts of NYC (especially Long Island.)

Also if either of you are going to college make sure the profession pays off well and you can retire student debt fast.

I'm looking forward to participating in the forum, learning from all of you and networking.I have owned a SFH as a rental and will close on a duplex in August.