You're right that finding anything on the MLS is close to impossible, so I am also looking to supplement my buy-hold strategy with wholesaling and sub2 so I have more leads and a way to leave my job and start a business that will fund future buy-hold deals.

It is also only three blocks from the local technical college and three miles from the local university, so HUGE demand in areas like this.I just looked up the matrix for the zoning as was mentioned in a previous post and I DID find that a sorority or a frat house is permitted under conditional use...

It is best supplemented with photos.

If you have a defaulted student loan, the Mortgagee will demand the account either be cured in full or brought current.

One disadvantage is in hot markets with properties in demand the foreign investor can't waffle and needs to act quickly or you will get beat out by locals who already know the market.

If the demand is high for that particular area, I would price it around 5% higher than the highest comp there in the last 90 days, assuming you have the same condition.

At the same time, during the construction period high interest demands are not in the best interest of the deal either.  

I just want to supplement my retirement portfolio so that I can keep my goal of retiring to a life of fishing on my boat at 60(ish).I am looking forward at learning from all of you, and finding a path to success in this endeavor.

For instance, one of my tenants moved his girlfriend in, and since his lease states that only one person is to be occupying the apartment I can demand extra $$ to cover the increased utility usage...Kelly

@Bryan Dracka , I have never been interested in 1 bedroom houses (there may be nothing wrong with them they just don't fit my portfolio) and I don't know Lincoln Park but it should be fairly easy to determine if there is a demand for this type of housing.