Hi BP community - I am looking to save for a downpayment for an investment property (my first after purchasing my home) however I have heavy student debt ($175K+) at a 4% interest rate.

Here is the guideline for establishing a domicile:To establish domicile, you or your parent(s)/guardian(s) must meet the following criteria: Live in Texas for 12 consecutive months; andEstablish and maintain domicile for 12 consecutive months by doing one of the following: Be gainfully employed in Texas (student jobs do not qualify as gainful employment);Have sole or joint marital ownership of residential real property in Texas by the person seeking to enroll or the dependent's parent, having established and maintained a domicile at the residence;Own and operate a business in Texas;Be married for one year to a person who has established domicile in Texas.

Its definitely a model that would be typically used in a student rental market, but I would have never thought to use it for career schools such as a military occupational specialty school.

In addition, in conjunction with Marist College, they will have a new School of Medicine that will bring 400 medical students, faculty etc to the area.

In NYC many tenants are foreigners (or sometimes students) without credit history or local employment who were willing to put up considerable rent in advance instead of a credit check.  

D student, which means my income is quite low, though I do have savings from previous jobs and frugal living.

One advantage is the the university provides a steady economic base that usually doesn't waiver too much during recessions.People think about colleges as just students and professors, but of course there is a whole army of people that work in maintenance, administration, etc., just like any large company.

Young RE investor about 25 years young, have about 2 years of experience but I will always be a student.

It was here where I discovered wholesaling from a guy who would make videos with his students holding their checks for thousands in hand.

I am still a student in the Provo/Orem area and we are looking to try to house hack while I am still in school.