When did you figure out the encroachment? 

I figure I am going to rent to students and if I remove the dinning room then I would benefit in having another rentable room and making it a less desirable party spot.

I figure I am going to rent to students and if I remove the dinning room then I would benefit in having another rentable room and making it a less desirable party spot.

Unless you have a six-figure job, great credit, and thousands already in savings, you too will have to plan and prepare. 

I am still trying to figure out my investment strategy.

There is an old saying in real estate, "find a great deal and the money will come," but this is ONLY true if you have dug your well before you need the water.My advice to you, if you are serious about syndicating deals, is to first figure out the kind of deals you want to buy and develop an "investment thesis" - what you want to buy, where you want to buy it, and why you think this makes sense.  

In just trying to figure out different ways to buy property.

Hello Robert Graham I figured since my credit score is low that it would be tough to get a loan.

You need to talk out everything in advance, and have it written into an agreement.While you are still figuring out if you want to pursue this, I would start attending local REIA meetings and talking to everyone there.

Then figure in who you are going to work for and what fees are required.