I am sorry, I left out the major question of whether somebody would give me a mortgage without a job currently, and while holding student loans.

If you relied on comparable recent Sales, this could be a major mistake for many, many reasons.-- Have you personally and thoroughly inspected each property and then made a detailed list of all the repairs and improvements you feel is necessary.-- Have you put numbers to the costs, delays, and holding costs?

Gotta correct Josh... the vast majority of laminate floors do not use adhesive, and are not waterproof at all.

I know a major factor is that roof and finding out how extensive that damage is.

Check the state laws and with your local health department.

I recently ran into an issue with the building department where they wanted the entire unit (basement) brought up to code just to approve removing a 5' row of kitchen cabinets.

Age/condition of the major systems like the Roof, HVAC, electrical, plumbing?

For instance, Indianapolis is great for cash flow, but little potential for major appreciation.

I was a business major with a background in finance but ended up becoming a software engineer working for startups in San Francisco.The startup I work for has grown from 4 to almost 100 people which has made the hours more manageable and given me time to explore other entrepreneurial pursuits.I've saved up a small sum of cash to invest this year and I hope to learn a lot in my time here :)

No major losses.