We were given a 30 year limit but we want to get it all paid off for when we graduate so we immediately have positive cash flow to rely on.

Like most towns it varies from really nice areas to "war zones".  

In my state, property taxes can be low due to Homestead tax exemptions on primary residence, especially if the owner has lived there a considerable time, because there's a cap on tax increases each year for homesteads.It's always a good idea for agents to forewarn buyers not to rely on property tax estimates long before closing.

I relied on a professional who didn't do their job, but I am willing to take the responsibility which is why I said "kind of ..."  

On average I try to spend 10k or under on new purchases to get them ready to be rented and under 5k every time a tenant decides to destroy a property but it can vary a lot depending on how much of the work I decide to do myself and the pricing of the people I decide to hire along with what all needs to be done.

Where you invest, your goals, and strategy vary markedly.  

From my last few closing in Dayton:Closing Costs $550-600,Owners Title Insurance: $5.75 per $1,000, minimum $175.Insurance and Taxes are property specificAdd $250-300 if Land Contract or Owner Financing.If you have a bank financing it, add the following:Appraisal $600Fees $300Origination and Docs $1500 (Varies Widely)Lenders Title Insurance: $20.00 per $1,000Initial escrow deposit if needed (2 -5 months taxes and Insurance)The origination and Docs can vary a lot depending the bank and loan terms.

Yeah, I look at it, but in no way, shape or form rely on it.  

I pay 2pts and 12% to my lenders, but don't make payments and get 100% financing.Hard money varies, but around here its 4-5 points 12-15% interest and they still want 20% in, monthly payments and a credit app. 

Just saying what works varies a lot by market and competition.