I am looking at a 2bed/2dath townhouse across from Faulkner University.

No college education but for lack of better words, we've all witnessed some of the "dumbest" people obtain a four year degree.

If there is a new duplex about a block or two  from the university, do you think it will rent somewhat quickly?   

Every person is necessary, but all to a varying degree and cost.

. - Yes, all units will rent very very well in the area that it's in. the other option will be in slow season to offer corporate housing or month to month university housing to graduate students at the university less than 4 miles away. - As far as Rehab - most of them are currently cosmetics.

Here’s the thing that you must realize… This isn’t free money…The lender takes on a certain degree of risk in exchange for the possibility of a return on their investment..Pretend you’re the lender… You lend a young man $200,000 cash to buy ahouse… In exchange, he has to pay you $1000 a month… (not a bad deal for the young man, considering the fact that without this loan he wouldn’t have the money to buy the house… For just $1000 a month, the seller handover the keys to a house… that’s A huge opportunity… That many countries in the world don’t get to enjoy this luxury of finance!)

Carpet is an item that is universally bitched about by tenants.

While combing thru this MB forum posts I came across several folks recommending going to Mobile Home University to learn more about this investment.

With that money I was able to get a bachelors degree which led me to getting a master’s degree (which I paid for) in social work which led me to opening up a private therapy practice that produces a comfortable living. 

Florence has the university and muscle shoals and tuscumbia are solid rental markets.