It also does well near hospitals and universities, which tend to bring on temporary staff or relocate professors or doctors to the area.

I don't need more property or business anyway and I know you don't either.We'll let the unproven professors like @Andy D. reiterate and pontificate about the sophistication of carrying mortgage for the tax benefits.  

Professors, military officers, and some foreign business people fit into this category.B Class: Solid working class renters who are on the edge of being able to afford their own home.

Fortunately, the Mortgage Professor website is a great source of information.  

My business law professor at Florida State was actually on the committees that wrote the original legislation so he spent a lot of time on teaching about them.   

The answer is that it depends on a few factors:Type of loanHow long you've held the loanIf you've paid on timeHere are some good articles from The Mortgage Professor on this topic:Cancelling Private Mortgage Insurance (1)Cancelling Private Mortgage Insurance (2)This article contains the procedure for putting in a "qualified written request" with your servicer so you're not getting the run-around with people over the phone:Is There Recourse Against Bad Mortgage Servicing?

When you are knowledgeable about what you’re doing and have the confidence that comes with that knowledge, doom and gloom predictors will have very little effect on your investment strategy.As to the economics professor and his gloomy forecast about future opportunities, let me just say that he’s the kind of educator who can keep an entire graduating class working their buns off at Burger King.Good luck.Fixer Jay DeCima

One of my College professors told me one time you have earned the right to say "hmmm that's very interesting I'll have to get back to you on that "I have been in sales for over 30 years. 

I got bored, with all of the down time between cashing rent checks and fixing toilets at 2AM so I went to graduate school and also became a an engineering consultant.About 10 years later I took a full time job again and am now a professor in manufacturing engineering, own a virtual manufacturing company, a media production company, and because of real estate investing, this year I will donate more than my take home pay back to the university I work for.I can honestly say that I retired at 26.

Hi everyone,I'm a writer and professor by trade with a single-residence rental that had been my own home for years after retiring from military service.