While he recommends mainly the Index Universal Life products, he also offers the other Whole Life products and will explain the pro and cons of each, giving you the choice to take what will be the best in your specific situation.

I agree with you that having a LLC for most is unnecessary - I don’t think it’s universally unnecessary.

Although this is a single family home, I rent it by the room to college students at the local university who want a communal living space, functioning similarly to a frat house.

According to the latest numbers from the Texas Real Estate Research Center at Texas A&M University, the average price per acre in the Austin-Waco-Hill Country market reached $5,290 in the third quarter, up 30% year over year.

The apartment I'm staying in is actually paid for by a university scholarship, so I don't have to worry too much about the rent there.I will definitely analyze the properties like you said and "make an offer" to practice and learn.

Looking specifically around University City. 

- What is the College/University's policy on student living off campus? 

A bit of background about myself: I just turned 25 years old, graduated from Hamline University (in Saint Paul Minnesota) in 2019 with a degree in Economics.

Given that I have the ability to work from anywhere in the country, I am trying to figure out a strategy for maximizing the ROI of my next purchase.Maybe that means buying a beach property as a primary and after living there for 6 months, converting it to a rental.Maybe that means buying a quadplex in Philadelphia by a university and renting it out by the room.I am totally open to all ideas, if you were in my situation, what would you do?

Purchase price: $187,500 Cash invested: $75,000 Bought a rental close to the University that needed a little work, but sat on a large lot with enough room to add an ADU in the back.