Superintendent/Super of some sort? 

For the new downstairs, that is super cheap.  

Investing in a CD or bonds with a super low yield?

I am super motivated to find my next project and eager to network and learn as much as I can.

YOu can grab one on line.. for free.Unsecured promissory notes are fine for these type of collareral arrangemens unless the lender specifically wants to lien some of your real estate.Your interest rate is low enough that usary is not an issue in any state I know.Be aware though unsecured promissory note as the borrower there is no defense you don't pay they get a judgment very fast and the only way you get out of it is to BKIf you use property as collateral and no Personal gurantee then if you don't pay the lender can foreclose on the property.If your in a Title and escrow state simply go to any title company and open and order tell them your doing a loan.. they will do the paper work.. some wont produce the note. you can do that again on line Notes are super simple no need for attornies for those if you have a modicum of business knowledge..

Unless the school district is in super high demand, like in Richardson, where people are going crazy trying to find places to live.As far as renting to college students, there are some things you can do to protect yourself, although nothing is guaranteed with any renter.

The search function is super helpful.

Also, I hear that Phoenixville is super hot right now.

I feel like the listing agent is mostly incompetent, and that the bank we're dealing with is super shady--I just looked up reviews on them, and it appears they are HORRENDOUS (1.2 stars out of 5, with 40 reviews on one site). 

Super nice guy and you'll learn a lot in his classes.