So if you have the funds and patience then you can wipe out the first if they don't magically appear and step up to secure their position.

I am wondering if it would be wise for, a person like me who doesn't know business or have any business experience, to go to business school and graduate to get an MBA degree.

I like the School of Hard Knocks - it is where I learn fastest.

I've left a bunch out, but I have considered target markets (military and students), exit strategies, crime rates, school zones, flood plains, etc. 

Lubbock has always been a little behind on all trends, so it's always a bit more "old school."

Especially if you've been to the school of hard knocks or have some similar education under your belt.My wife and I bought a 23 unit run down garden motel.

The local "mid-range" homes in the cities with top rated schools generally sell over asking price.If your calculations are good and account for all issues, asking price isn't all that relevant.

I also stay away from downtown Brantford as that is either student rentals or otherwise the school zone is not that good so you won't get the long term nice families (yes there are exceptions I know) but that is my take on this market.

Consider how many of those students such as grad students are working to pay their way through school versus the kids in the big complexes whose parents are most likely paying the rent.  

I mean it's feels about like trying to make new friends after high school lol!