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Old 10-14-2010, 02:39 PM  
candyflip
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Join Date: Jul 2002
Location: New York
Posts: 43,061
Quote:
Originally Posted by epitome View Post
The answer is whatever makes you the most money.

In all seriousness, since you're in Michigan, if I were you I'd be buying up shitty units for <$20k, putting $5-10k in them and turning them into Section 8 rentals.

Assembly line.
We're in a similar market and pretty much do the same thing, though haven't had to resort to Section 8. Students are actually working out much nicer. But that is just because we're taking places situated between 2 pretty decent (and expensive) private universities.
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