I've seen apartment managers who had no clue who someone is and they rarely ask, like what kid or who would have the audacity to use amenities at another project?

Hi and welcome, just by the way you want to start your life says you are a smart kid, real estate can give you very good money and a good retirement, it takes a lot of hard work, dedication and patience, perseverance is the key.

We all have past lives, The difference is some got caught and some didn't doing what ever they did when we were fool hearty kids.

You weren't kidding that retaining wall was a beast!..

If I was single/without kids, I would definitely look at house-hacking a small multi-family.  

He said he gave out magnets everywhere, to local kids, to whoever.

But we undoubtedly will make mistakes and will then share them with the BP community to contribute the conversation.Long term goal is build up to a portfolio of 50 units which will produce sufficient cash flow to pay for our kids college and retire once the kids go off to college.  

The thought is that student housing is less cyclical and more steady as there's always kids going to college.  

You can paydown extra if you want, you can keep the high cash flow if you want and you will qualify for new loans easier if you get 30 year mortgages because your DTI will be lower.The interesting idea would be to see what kind of principal paydown it would take to accelerate a 30 year amo into a 15 year time period so you'd receive benefits of low DTI while still paying it off in same amount of time(obviously only beneficial for a small group of people).This all being said I keep rentals at 30 years and personal at 15...want to pay off my personal residence asap so if the unthinkable happens..major injury, death to wife or myself etc we'll be able to live in comfort on 1 income and keeping extras for kids futures.

School quality (according to Zillow/Great Schools) varies greatly, even in small geographic areas. 1) If you're seeing scores of 1-5 would you assume buyers don't have kids or they are sending their kids to private school?