You might consider Niche or Specialized Housing like student housing.

I am not sure about other companies since we had to go with All State- no other company would insure my rentals since we might rent to college students....

I'm from a french province (Quebec) which is close to Montreal in Canada, my english might not be perfect (and i'm sorry for that) but here it is :I am a full time student but I'll most likely get a full time job by the end of the year.

I'm from a french province (Quebec) which is close to Montreal in Canada, my english might not be perfect (and i'm sorry for that) but here it is :I am a full time student but I'll most likely get a full time job by the end of the year.

You might consider Niche or Specialized Housing like student housing.

You might consider Niche or Specialized Housing like student housing.

Any revolving or installment debt including credit cards, personal loans, student loans, auto loans, mortgages, equity loans or property taxes and insurance on your REO's will be included in your debt to income ratios.

Then the Attorney will have some skin ( her/his ***) in the game if anything goes wrong and you can retain them for a reasonable rate.If you have any other paperwork, a first year Law Student should be able to rip it (and you) to shreds in Court, unless you have Legal training.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

This would then allow you to generate equity at a faster rate with your active income (profession) along with your passive income.But with your situation and scarcity of good deals for MFH around your location, the path you're choosing would be understandable.You just want to ensure that you have budgeted correctly and set aside enough for maintenance costs to the SFH on top of the mortgage and living expenses.