So this varies from state to state and sometimes by county, but I know here in Ga where all my portfolio is located, there is no set limit on the amount you can increase the rents by.

With only an acre for parking and building, your probably either limited to a single tenant or low volume garden offices (maybe a small retail strip center, but the sizes would probably dictate shorter leases and higher turnover).

This way parents that come with their kids to check out the college and area can walk the apartment themselves and see where their precious snowflake will be partying on the weekends (errr...studying...that is what I mean).

Once my properties are stabilized this way, I begin to look at additional ways I can improve my property or limit my costs in order to increase revenue.

To a lender, they will both be considered commercial (if the 4+2 are one deed) which will restrict you to commercial mortgages, and the limitations that come with them.From a depreciation standpoint they may both be considered residential depreciating over 27.5 years as opposed to 39.

In the meantime, I'll keep studying, saving, and bugging you all with questions ;-)Thanks a bunch!

Commissions are negotiated and can be more or less depending on your office policy.Or, again with your managing broker's permission, tell the seller you know several investors that might be interested and get a listing... maybe a limited listing instead of a contract to buy it yourself... maybe as a transaction broker so you're just helping the buyer and seller consummate the sale (not representing either party as a fiduciary) and charge a commission instead of a wholesale fee.Just spit-balling ideas for you, but check with your managing broker to structure something that does work for all of you.

Whether you know that area, study that area and know what is going on. 

It was broke down like this:xxxxx1: “O” Checking = Rent in, Bills/Expenses Out; xxxxx1: “A” Savings = Reserve funding in, CapEx out;xxxxx1: “S” Savings with limited withdrawals = Deposits Held;xxxxx1: “M” Mortgage loan accountxxxxx2: “O” Checking = Rent in, Bills/Expenses Out; xxxxx2: “A” Savings = Reserve funding in, CapEx out;xxxxx2: “S” Savings with limited withdrawals = Deposits Held;xxxxx2: “M” Mortgage loan accountAnd so onThis was fine up to a point, then it got way to convoluted keeping track of everything.

Been reading and studying for 10 years.