Assuming their income is low enough they don’t have to pay any state or federal taxes…Assuming they don’t have a car as the payment and insurance would pry be $800/mo.Assuming they don’t have to pay any utilities as that would probably be $300-$400Assuming all their food is provided by the school or that would be $300-400 minimumAssuming school is costing them nothing out of pocket.

^^THIS^^Owner occupied strategies are low risk, low cost up front, and the usually the best hedge against talking yourself into a bad property/neighborhood bc it is cheap since you have to actually live there. 

Even with all the news about affordability issues and renters leaving, vacancy rates stayed low across our entire portfolio.

I started with about that, and here’s what actually moved the needle for me:House hacking: If you can qualify for a low-down FHA or 5% conventional loan, that 10–15K can get you into a small multi or even a single with a rentable room or basement.

Many low-cost reports skip key searches like Judgments and Liens, which no longer appear on credit reports but still reveal serious financial risk.Verification quality.

In my market those are generally low C and below housing.

And if they’re low raise them.

People were buying at a low part of the cycle.

It's okay to grow slowly and responsibly, it's not as exciting of a topic at dinner parties, but it works and it's very low risk.

Keep credit utilization low and always pay your bills on time.