Sounds like its irregular hauling though, in which case it would be cheaper to drive a small car and rent a truck when needed.

Sounds like your Board of Health is a little extreme.

Sounds like you have a good plan to get you started!

Talking face to face is much more effective and there are not a lot of investors doing this as it can be a very cumbersome activity.As far as having a hard time finding PM's and GC's go... most of the bad PM's have been run off or put out of business, but many investors expect their PM's to do everything for free and don't want to spend any money in maintaining and protecting their properties and keeping their tenants happy.

Sounds shady Jim, if it were me I would not do this as my first deal.

For purposes of discussion here, assume the HOA is well run, the annual operating budget is sound and the account balances for reserves are within the guidelines set forth in the most recent reserve study.  

That sounds like fun and can't hurt my education on this.

Those both sound like great income properties and knowing the construction side will save you thousands over your lifetime!

I am an Invester and a Real Estate Broker 30+Years in The Puget Sound area If you are a serious Invester and can think outside the box,Message me.

I know I can get 3 people @ 300-350 a month not including electric (I've already inquired a few good friends of mine and they've all agreed to move off campus to save some money) With that being said, I'm thinking this will cashflow about $180 per month, which sounds great to me.