This may make the most sense if you have a parking lot at your multifamily complex.To be less theoretical, by catering to my niche med students, I've increase the rent on my 1 bd apt from $625 to $940/mo.

I have a mortgage and med school loans so I saw this as an opportunity.

There are meds for that but you need to challenge paradigms.

A bunch of my rentals here in New York were geared towards university and med students when we first got started.  

People who get an MBA, law degree, go to med school, could make six figures but also often have six figure debt, and they have to work 70 hours a week to keep their job and pay off their debt and they can't escape.

You are a med student in the upstate starting residency, next year.

@Bob Malecki I'm pretty familiar with the Med Center, NW area.  

Dropped out in the 10th grade, went to community college at the age of 16, and am going to graduate next year with a degree in Pre-Med Health Sciences with a concentration in Diagnostic Medical Sonography.

A little information about me is that I am a 4th yr med student, I paid my whole tuition on my own without any loans that is why there are so many discrepencies in my credit history and thus the low score.

that's me :D HELLO LONG ISLAND NEW YORK.$1800 will barely get you out of the red on rentals unless you buy foreclosure (good luck there - hello competition in new york).the market has slooooowweedd down a bit here though, now may be a good time to find a rehab at a deep discount....we just looked at a home that is in DESPERATE need of a facelift...complete sh*t holethey want no less than 295k (as is worth about 275,000 to a regular home buyer - that's in this long island crazy market) this place anywhere else in the country would be worth less than 100k... and in many areas worth less than 40k.