I spent 8 and 1/2 years in the Foothills Auburn area etc.

Hey BP community,I'm a new investor looking to start flipping a few houses in the south side of Chicago, around the Auburn Gresham/Chatham area.

To name a few differences, Southwest Philadelphia has less of an influence from University City, a trolley instead of the more frequent Market Frankford subway is used for travel to employment hubs in Center City, the housing stock often looks cheaper, etc. 

We manage to fill ours with mostly one bedrooms and one two bedroom, we are close to a university but we get mostly working adults, young couples and the occasional divorced parent with part time kids. 

I live in the UK with my wonderful wife, Huda, and we are both PhD Students at the University of Nottingham.Huda is working on helping cure brain cancer, and I am working on using wireless technology to give blind people more independence in future cities.We have basically 0 real estate experience, but are very willing to learn.

I just acquired a duplex (needs 100k+ of remodel and rents were quite low) at a 4 cap up by the university.

We are looking to flip a property near Ithaca, NY, in the Finger Lakes region.One of my husband's clients, "John", is a real estate investor (he deals with higher end rentals near Cornell University and Ithaca College) and has seen the work we do.

Watch out for assessments, they are quite high in those older buildings and will kill your cash flow.Stay as close to the university campus as you can and place lots of offers.

I'm looking at a property that is a 4 plex and each unit can easily rent for $900 as its directly across from a large university.

Comments about Fanshawe remind me of a university party near Fanshawe, where so many people jumped at once to test out the cheap construction the ceiling drywall fell down.