I am struggling with conventional financing because of my student loan (roughly 200K). 

I hear that Mankato is a great spot and possibly look into student housing and renting houses out by the room to the students?

At this time, I’m more of a student than a teacher of real estate, but I have lived there for 20 years, so I can tell you a bit about the state itself.

You sound like my best friend, her most desired career path is just to be a student forever haha! 

We have invested in small apartment buildings, single-family homes, small commercial properties, farms, and student housing.

Strip clubs renting time slots to exotic dancers. ( Don't judge me, A girl has to pay off her student debt somehow !

We ask for a deposit only because we know that a student who has actually made a real investment will likely stay and finish the program.Any thoughts about that?

Hi BP community - I am looking to save for a downpayment for an investment property (my first after purchasing my home) however I have heavy student debt ($175K+) at a 4% interest rate.

Here is the guideline for establishing a domicile:To establish domicile, you or your parent(s)/guardian(s) must meet the following criteria: Live in Texas for 12 consecutive months; andEstablish and maintain domicile for 12 consecutive months by doing one of the following: Be gainfully employed in Texas (student jobs do not qualify as gainful employment);Have sole or joint marital ownership of residential real property in Texas by the person seeking to enroll or the dependent's parent, having established and maintained a domicile at the residence;Own and operate a business in Texas;Be married for one year to a person who has established domicile in Texas.

Its definitely a model that would be typically used in a student rental market, but I would have never thought to use it for career schools such as a military occupational specialty school.