But them come harder, and I have a full time job, I coach high school football, and my children live in another state, so everyother weekend is shot going to NJ on visits.

In business school, professors call this “opportunity cost.”

Seeing as i do have 3 more years of schooling, I was thinking of buying a fixer upper and fixing/living in it while i go to school and renting the extra bedrooms out to other students (hopefully to the point where i have positive cashflow).

Price , location , schools , location ,condition of the house ,

Experienced guys, what would you do if you had $1000 appearing in your bank account magically every day?

Call after you have it and before you do any rehab and see if they are interested, schools will have an administrator of school property, talk to them.Do it before a rehab, they may just tear it down anyway.Otherwise, they may have an approved housing list, get on that after the rehab, they will likely inspect it.

I think that it is just because of the summer months that this is happening.I do believe there will be a slight increase once the school season starts up again but as for right now the prices are staying pretty stagnant.

The real estate taxes are quite high, and the public schools are atrocious.

The finer points, like contract nuances and working with foreclosures, are rarely taught in real estate school.

Several of us are in the good school districts in good areas, $100,000 properties.I specialize in the lower quality and higher profit market.I'm always happy to meet and show you my areas if you are in town.