The price achieved at auction?

If you really want to rent to students then rent the whole place to a group and make sure you get the right things in order (cosigners are the parents, etc).If you want to rent individual rooms I suggest you look for a building that is split up into studios so that you are not dealing with people sharing bathrooms, etc.

Its the same reasoning as TINSTAFL, There Is No Such Thing As a Free Lunch.You hear this whole line of reasoning from real estate agents quite a bit that the seller pays for the agent, but let's put this into perspective.

basically, "creative financing" makes that whole schtick possible.

Focus on what the market requires so that you have a sustainable business rather than worry about getting as much leverage as some folks can achieve in markets that are not appreciating.John CoreyPS.

-RE INVESTORS-"I WHOLE$ALE REHAB Properties" (###)###-#### [email protected] have feedback?

dom80eThere are a whole lot of TIC companies / Brokers / Sponsors out there.

Fixing up a place to be a rental and fixing it for retail sale are whole different ballgames.

Find private investor who funds the whole deal and repair cost with his money or a hml.

They deal with educating REI's, but it costs $19,500 for the whole program.