In my humble opinion, achieving financial independence is about having your passive income exceed your expenses.

I achieved my year goal of purchasing my first property, now to keep moving forwardI hope to meet and connect with as many of you as I can, If there's anything I can do to help y'all; just send me a message and I'll do my best!

You have become a mentor to many including myself, helping and pushing us to achieve our dreams. 

Taxes: $820Insurance: $700For financing, I'd either buy all cash & refinance to 15 yr fixed at around 6.5% in 12 months, or place permanent 15 yr financing at around 6.5% when the owner finance has expired.It is in the burbs with very similar age, size, & style homes around it.Yes, I have verified the repairs, & the $14k includes 10% fudge factor.This is only my 2'nd rental, so I greatly appreciate your input.

Typically dorm style housing is for undergraduate students, not graduate students – the school website explicitly states that on-campus housing is unavailable.

I utilize their expertise in attracting the best tenants and achieving the maximum possible rents at the time and with the property's condition.

Now, no RE License so I need an Agent that works for or has worked with Real Estate Investors, and a Contractor with crew who specializes in almost everything, I am also going to do some of the work, I have some skills I can put on the table such as Gyping, Decking, Drywall and Painting (old school style, no paint gun lol).

Then you should be able to calculate your IRR and set your acquisition price at a point that allows you to achieve the IRR that you feel is a good return for the risk.The challenging part in either of these scenarios is estimating what the utilities and service contracts (landscaping, trash, etc) will cost because you don’t have the benefit of historical financial data.

In today's market conditions that is not something that is achievable.

I wish the typical home buying process would be much more transparent, eBay-style bid.Not that crypto can solve all that but here you go, for brainstorming.