We have no college education but we also have no debt.

Cash-on-Cash Return Cash-on-Cash, the popular real estate investing return, is explained including its meaning, shortcoming, and formulation...Debt Coverage Ratio (DCR) A ratio investors and lenders use to track and compare debt-related outcomes for rental property and measure financial risk...Gross Rent Multiplier (GRM) A quick and easy way to determine whether or not a property is priced in line with other similar-type properties...Internal Rate of Return (IRR) The time value computation that shows the ratio between future cash flows and initial cash investment as a percentage...Loan-to-Value (LTV) A computation related to mortgages that lenders use when financing investment property as a measurement of their financial risk...The Maximum Purchase Price Calculation A calculation investors can make to determine the maximum price they can pay for an income property to at least break-even and avoid a negative cash flow...How to Compute Net Present Value Net present value is explained along with its formulation and use in real estate investing...Profitability Index The time value computation that shows the 'proportion' of dollars returned to dollars invested rather than the amount...Rental Income Property Cash Flow A fundamental look at rental income property cash flow for those of you new to real estate investing...Sinking Fund Factor Know the amount you you must start setting aside on a regular basis now to cover a capital expenditure scheduled in the future...Tax MattersIncome Property Operating Expenses and the IRS Tax Code Learn what operating expenses should be included in a rental property analysis as well as what the tax code says about operating expense deductions...The Recapture Tax Real Estate Investors Face When They Sell The seldom expected recapture tax real estate investors expect to owe the Feds after they sell their rental income property....The Cash Flow After Tax Calculation How to calculate cash flow after tax step-by-step starting at the gross scheduled income...The Depreciation Allowance According to the IRS Tax Code How the IRS figures the depreciation allowance for investment real estate along with its concept, limitations, and formulation...Understanding Rental Property Depreciation and Recapture Tax Rental property depreciation allowance and the recapture tax associated with it are explained...AnalysisCap Rate or GRM?

Licensed p/c agent.As rates vary greatly from area, to construction, to tenants, there are too many factors involved that give you an accurate rule of thumb.What I've been using is $1,000 for SFR, $1,500 for a 2-4 family rental, and $2,000 for college student rental.I know that the rates won't be higher than that, so anything I'm off by is just gravy.

Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days.

I've been listening to other podcasts from BiggerPockets as well and its got me debating on whether or not I want to rent to college students and have them as tenants.

I grew up in Rochester and went to college in Buffalo, just wondering what your thoughts are on each of those markets seeing as you are right in the middle of both.

My son used the Virginia program 2 years after college, had to take a class on home ownership, and after paying for inspections and application fees, I think came to closing with like $12.  

Misusing this may cause your scores to drop.I did have a few late payments many years ago when I got out of college. 

My question is specifically around an upcoming continuing education class on wholesaling that is being offered by the WA REIA at North Seattle community college.  

LO will schedule all paperwork to go to underwriting and they must "approve" your GC.