I am currently a college student and am using my time in college to gain experience before investing. my question is how practical/ beneficialit would be to work for a local property manager.

rdinvestor-I am not sure I agree with the statement:One of the great things about having an LLC is that the mortgage will not go against your credit or debt to income ratio on a personal level.

Still have plenty to learn and much to do.I'm currently in the market for my first home, after paying off some substantial debt built while in college and early 20's.The market here in Baton Rouge is strange at the moment.

They just stick to loans below a specific level.

Would it be sustainable, profitable on any level?

I may also finish out the basement a bit, make a nice office and a pool table room, and there is already a place to put a staircase from the top level to bottom.

I'm a high school junior and I want to get into real estate investing so I make enough money to pay for college.

My next venture will probably be doing low level flips, however I'm still studying my market to make sure it won't sit after the rehab.

Currently, a plan for Maps 3 is being laid out that, if approved, could provide for such things as light rail, a new convention center, etc.The crosstown elevated highway is also being torn down and moved south, and a street-level boulevard built in it's place.

Maybe not pure-pure profit as you still have all the other possible costs of buying and selling or wholesaling.The issue is the up front costs and are you really going to get deals worth your time.Like any marketing you really can not tell what will happen until you have run the system for a while (6 months or more).You should try to contact existing members who are paying the fee and see what their results look like.Most successfully RE investors know that different forms of marketing work at some level so it is a cost vs. reward question plus the upfront costs vs. the back end profits (cash flow management).Everyone can find ways to do things on the cheap or cheaper.