In the process of buying first property!

[Andre Maraoui]

Hello all.  Ever since I was old enough to comprehend my fathers real estate business, I have been interested.  Now I am 18 years old and a freshman at Arizona State University. I am currently in the process of buying my first rental property!  I am putting 20% down on a house I'm buying for about 280k. I am going to live there for the remainder of my undergrad education while renting 2-3 of the rooms at a time.  I have done calculations and expect a positive cashflow of around $900 (Renting each room for $900+ my contribution of $1000/month).  I am very excited to get started and am already anticipating my future plans for my next property.  Any and all guidance is appreciated and will be taken sincerely.  As of now I plan on refinancing the property in about 2 years in order to buy a much less expensive property to increase cashflow. I really like the idea of buying and holding since I have lots of time to gain equity. Thoughts?