Again, there are those cowboys who really think that making hard money loans is a way to acquire property - but if you meet one of them, turn 180 degrees and RUN.Joffrey Long

Good post Curtis, going to monitor this thread@Jonathan Walker , isnt the degree of speculation important though?

Haha,... unfortunately I think that's true to a degree.

FOr example temp. was be a min. of 68 degrees between 6 am and 10 PM and from 10 PM to 6 am it can drop back to 63 or somewhere around there.My tenants now pay all their own heat so I am not that well versed with the laws anymore.Is landlord supplying heat or are you paying for it?

We have Ball State University here so the college housing is a big part of the housing market.

This would include any Money for college funds, retirement, ext.

I'm in college right now, learning on my own about real estate.

Is the house near a college?

Because of the layout of the existing walls, and the routing of existing plumbing, ducts & electric, I knew it would be a fairly simple and inexpensive operation (again--I only knew this because I visited the property)...after the work was done, it transformed the place from a negative cashflow property (that mostly only appealed to college kids) into a cashflow positive property that appeals to couples, couples with a child, well-off single people, and pairs of housemates.The "physical assessment" and the ability to see the potential of a property is a skill that can't be easily learned via books, youtube videos, etc.

(Murfreesboro is also a college town with Middle Tennessee State University being a large part of its growth over the past decade.)