I don't think it is a good business play. 

Also, Baton Rouge is a fairly integrated market, where there are a lot of old developments in Tigerland that are actually closer to campus than new student housing development.

I know that most of that information will play a significant role in determining whether the property cash flows well enough, however I’m more interested in the numbers I’ve put in.

The large corporations and REITs will bring transportation to them in some way or another which will spur the desirability and presumably, value.Ultimately this will be a very long term play for you.

I'm not a wholesaler but I'm curious to see how this plays out.

To me, an appraisal seems a fair way to bridge the price expectation gap between the buyer and the seller.

Your MIL is a big risk taker to play around with her IRA. 

Our requirements were fairly straightforward: manage tenants, track/process rent, track expenses, accept online payments, decent reports (or give me the data so I can make my reports), have a decent interface and have good support.  

I am fairly new to this REI world that I have been exposed to and very excited. 

Does anyone know of a solid, fair priced builder in the Denver metro area who could help with 1-7 single family / duplex type buildings over the next year?