I would like to have these students (cosigners) properly screened, put the parents on the lease and possibly raise the rent.

How are you guys handling the ins. on a Sub2 with your end Buyer when seller Financing the deal so my Seller's lender doesn't raise any red flags, questions or even call the Due on Sale Clause?

Your post raises another question, probably a new topic.

Especially in your case -- no job, no credit, no experience -- you're either going to pay way too much for the money and/or end up running out of money because you couldn't raise enough.

There are so many different opinions on the subject but the bottom line is raising money is a relationship game.

@Scott Isley one of the big concerns is raising sufficient funds to close and having them come in on time.

Please follow the rules but there is no harm when you are talking to investors say I have heard people raising private money I always wonder how that would work.Joe Gore

I think the numbers seem pretty good, and when each lease comes up, I will raise the rent to $650, and either they will pay it, which is great, or they will move, which is great, and I can do the necessary repairs to their unit.

@Patrick Yungck I would save the 70k and raise money to buy a large apt community with other people's money.

The only way to raise rent is once a year and according to Consumer Price Index (CPI).