It seems like an area with affordable home prices and plenty of traffic with the university and football games.

The leases in both units are below market by varying degrees - the annual gross rent on the one is about $3k more than the other.

One advantage is the the university provides a steady economic base that usually doesn't waiver too much during recessions.People think about colleges as just students and professors, but of course there is a whole army of people that work in maintenance, administration, etc., just like any large company.

I grew up in Lawrence, went to high school in Danvers and university in Worcester.

This way, you'll be able to see 360 degrees around the real estate business.

University/Northlake is good because there is a steady stream of tenants and the average price is a little lower.

Also remember that Vacancy will be exacerbated by the degree to which R&M is an issue caused by tenant quality.

This was 4 blocks from Temple University, so the expansion of the perimeter improvements for the school were increasing the property values quickly.

As I immersed myself in the single-family space I quickly realized that I was unable to scale to the degree that I would like.

That lets you proforma the next 12 months to some degree of accuracy.