Renting to college students can net you some awesome cash flow if you're willing to pick/train the right tenant.

My brokerage trains to do business with investors which is relatively rare but why I joined.  

My wife loves this part of the flipping process and we usually gain a couple extra pieces after each house.Reason I am asking is that someone else wants her to stage their house and she hasn't gone through any training so we are really shooting from the hip. 

Fix Up and Sell: Advantages: ProfitDisadvantages: Be careful creating another job for yourself, contract out Bookkeeping Issues: Keep very detailed recordsFix Up and Hold: Advantages: Forced appreciation and Cash FlowDisadvantages: Be careful creating a job for yourselfBookkeeping Issues: Might have to capitalize repairs, credits available pre 1936 Part 2: Tax Secrets Chapter 4: Intro to Tax Secrets IRS agents are given just 3 days of training so they may give bad advice.3 Stage Tax Formula:Income Deductible Expenses Multiply Taxable Income by your Tax Rate - Learn to make use of your graduated tax rates, not all of your money is taxed at one rate.

He's delivering all of it and hanging the ceilings and we're hanging the rest.

Also, most of those guys are there for training which is about a year.

Its an attractive area as it borders Brooklyn & Queens and is in walking distance from the J, Z, and A trains.

So if you keep rates the same for 5 years and then say you're going to increase the rent you still can only do so by a max of what the board says, unless you meet other criteria.It's a bit of a bother but it's also a good system as you can easily train your tenants.

These are professionals with additional training and a stricter code of ethics.

Per contract, if one party delivers the other party a notice of cancellation, parties must sign mutual instructions for escrow to release deposit.