And the "street level" guys want more inventory but their margins are getting squeezed from larger institutional investors.

One based on a section 8 tenant wanting a house I had which just required an additional level of property inspections to get qualified.

This seems wrong on so many levels from what I've learned.

My only problem is that, I'm young college student, and I barely make money; I don't have a down payment to start with, and money is tight right now..To make it worse, no one in the family knows about finance besides me...

I am looking for clubs or meetings so I can continue my education on a local level.

I found out who the CEO's (as well as several top level executives) were and composed an email.Since BOTH lates only happened once (and I pay most of my Credit Cards via my banking account, weekly), they were removed.The email was lengthy and mostly filler (i.e. let me start out by saying I think your store/company is great, yada yada yada).

My education level is coming across, but I still need a few more months until I am ready to embark on my own journey.In the mean time we will work diligently on decreasing student debt, cc debt ratio, and other open loans.If anyone can assist me in gaining a mentor I would be very appreciative!

All ingredients for higher price per square foot when building new.When deciding whether to buy an existing 4 unit, 12, 16, 20 or whatever, break it down to the unit level. 

George,First the number 550 a month in rent.Let's break it down.For the area does the 550 offer first months rent free or half off or a waiver of security deposit.If that is what is a happening with competition for the area then rent is not 550.Let's say it is 500.Now look at the 500 per month.You will need to deduct your rents for crappy stairs to walk up,a sloped parking lot,no amenities,if you do not have a washer/dryer place for hook up etc.Your rate will now be considerably less than the 500 others are charging.If I am a tenant looking for a place I want the level lot,ease of walking into my unit,do not like tenants above me,ample and level parking,amenities,place to do my clothes.Buyers on resale will more likely want a 12% cap.I look at a lot of apartments for clients.This one to me is a pass.It has too many negatives going for it that make it hard to rent and retain long term tenants.Again that can be solved by a below market rent rate to make up for the problems it will still have after rehab.

i'm taking the class at a local community college. so i'm hoping that text book would be more in depth.