I think this could be at least $800/month, but evaluating based on what it is.Taxes and Insurance $110/moUtilities $80 / momanagement fees $50/mo (8% management... not to mention leasing fees that I put into the vacancy number)repairs $140 / mo.

Since you mentioned it I’m gonna have to give it a listen now thanks!

The option that we thought would be the same as u mentioned, to underwrite on the contract that any remaining amount from the insurance will be passed on to the buyer which is us.

I would like to add in a few more quick notes though.All of the variables mentioned are just that, variables.

I think you just mentioned in another thread you were selling off all your rentals.

Since you mentioned this is for a “low deal,” I assume low or no money down conventional financing is not an option. 

As Clint mentioned, there are a few SFH relatively close to campus that are reasonable.

That all depends on your situation, like mentioned above.

This is a great place to learn about investments, etc.I can't speak to the other cities you mentioned, but I point a lot of our clients to Colorado Springs because of its current investment potential.

Oh my, I forgot to mention I am in the greater Denver area, but I actually grew up in South Orange NJ.