There are cases where other income from utilities, laundry, a C-store, a restaurant, or something like that deserves additional evaluation, so make sure not to punt before you understand additional income.Also, there are cases where the expenses will be higher, particularly in a park that has a large amenity package (like pools, clubhouses, sport courts, game rooms, etc), or a high degree of expense related to landscaping and maintenance.Once you discover you are in the ball park, then it will be smart to determine where there is potential for upside.

From what it sounds like, I definitely need a co-signer or to just wholesale the deal and put it towards my savings for my own property.I do have job offers in the $70-$120k range (engineering degree), but even then I would still need at least 6 months of living well below my means to save up enough for a down payment, closing costs, and reserves and would probably need to wait longer anyways to get approved for the loan since they usually want to see at least a year of stable income, right?

Hello to all, my name is Marissa, I am 24 years old and I am from Jackson, MS but I currently reside in Houston, TX.I currently serving in the USAF while also pursuing my degree in Psychology.

There are degrees of Greed and Fear in Investing and Trading.

Then on top of that your business end you'll probably need a EIN and then probably need the proper liability insurances and licenses on a local level to some degree. 

Regarding your specific situation, I would back track to the seed capital you have on hand and consider what that accomplishes for you(it appears you are to some degree)?

I also have advanced degrees with a focus on microeconomics.

I'm currently working full-time and am finishing up my undergrad degree and have been saving just about every penny I could since I started working full-time last June and have built up a savings/investment portfolio of ~$25,000 that I would like to consolidate into a rental property (preferably a duplex that I could house hack). 

A GC doesn't have to sub out work because he is legally licensed to do (almost) everything in the trades (as long as it involves some degree, however small, of framing.So a smaller GC that is good can take on a foundation repair and have his own crew do the work, for much less... 

I will be applying for colleges soon and have had trouble figuring out what degree would translate over to my success in starting Commercial Real Estate Development.