Supposedly, I'm one of his students, but this is not acceptable.

Certain areas are bad and student occupied units are tough to run as an absentee owner If you are not experienced, and flush, this sounds like more than a mouthful....imo.

Here is an example of socialism:An economics professor said he had never failed a single student before but had, once, failed an entire class.

Once we have laid down the business foundation, I discussed with my buddies the idea of making our first purchase a cheap SFR ($40-60k) in the University area and offering as a rental to students.

Hi,I want to rent one apartment to 2 students, they are friends.

Hey everyone,I'm a business student at the University of Illinois and am thrilled to find a place where first hand real estate knowledge is so abundant!

I've never seen a situation where students pay a year in advance.

I'm from beautiful Western MA and travel all over New England - a full time Analyst for a major utility by day and a REI student by night :-) So far I have been to a bunch of REIA meetings and have been making offers on various properties.

Sure, they'll tell you about a student that started with no experience and bought a 500 unit apartment complex.

In the interests of full disclosure, I ran into folks I felt were perpetual students at the gathering but, overall, found plenty of others who were there to make connections and money.