I changed my major from Accounting to Real Estate back in 2018 when I was attending Glendale Community College.

Tiny Homes would be great in college towns, 55+ communities, old trailer courts, even for businesses.

I discovered working on computers was not in my DNA and switched to a degree in Finance.

I also ran my own roofing business one summer of college.

Denton County offers opportunities in suburban and college town markets, while Grayson County provides affordable entry points with cash-flow potential.

If you go into Central or South Scottsdale (Old Town) $1M will buy you a smaller, older home, OR half of a big, remodeled home (as alot of the Arcadia and Old Town area are turning over old small homes to be big beautiful homes in the $2.5M range and higher).There are options.....for both buying and renting, that would work with your situation.By the way....it's 51 degrees in North Scottsdale right now where I live. 

Purchase price: $355,500 Cash invested: $75,000 Rental Property near community college What made you interested in investing in this type of deal?

Alternatives are college courses, textbooks, and engagement through web searches.  

Do you know anyone that lives there, or did you go to college there?

I.E. you know the area better than others.Is there a short-term rental market where you vacation at, where you went to college or where you grew up in?