Student loan payments for professional school are about 3,500/mo, pay our own health insurance and netflix are pretty much all our monthly costs.  

Ellis, is that your high school yearbook picture?

Its burgeoning middle class was the model of the world with excellent public schools and universities.

But that is still a good buy and hold deal to me.Its all about cash flow and staying in areas/houses that have good long term potential for growth. i.e. 3/2, 1,500 sq ft, in areas with good schools that are not "renter dominated areas" which don't appreciate much.....

I'm a 28 year old, 2013 graduate with a bachelors in Mathematics/Computer Science.  

Alternatively (and what i'm currently trying) is to rent the units furnished for $850/mo. to internationals and out of state students (which are drawn to Bethel School of Supernatural Ministry) for 9mo. leases and then listing the units on AirBnB.com for the summer months...? 

They might have a great algorithm, but it doesn't take into consideration the elementary school abutting the backyard, the freeway a block away, an overbuilt or underbuilt house, that in some neighborhoods a pool actually is a negative value, a garage converted into a bed & bath, a one car garage in an area of two car garages, etc. etc.

GP schools, coupled with a great location, and low inventory of rentals on the market in HW make it a solid choice.  

This is a very nice area, good school district and around the corner from shopping.

@J Scott   So how do you explain that the market is ONLY willing to pay 50 times the rent for these great homes in great school districts?