We live half an hour away from a large town which helps us get great tenants that want small town schools for there kids.

I graduated from UT (McCombs) and moved up to Dallas for a few years for work before moving back down to Austin to be closer to family.

My wife and I have transitioned into our roles as parents, I've had a couple of nice promotions, and I am almost done with grad school (MBA).My background is in accounting.

Was that school loans, mortgage, or a combination of things?

@Joel Owens Didn't know some universities had the first right of refusal on land close to school.

I consider Property A an "A" because it is in a "recognized" school district, established neighborhood, homes are well maintained and manicured, close access to shopping, entertainment, freeway, etc.

And many don't like to change schools mid-year when they have children in public schools.And the renters that ARE looking, well they might have issues so you have to be cautious.

My original plan has been to purchase a town home in Texas and then live in it off of the saved up cash flow while in school so that I can essentially live there free.You said in your post that a conventional loan down payment was 3.5-5%.

Hey everyone,I have been lurking for a while, so I thought I would finally step out and introduce myself.I am a seventeen-year old home schooled senior.

We have decided to make the minimum monthly payments on our school loans, for much of the same reasons you already listed.