Welcome to the community and be ready for a huge amount of information at your finger tips.

Any help or advice would be appreciated. 

I am sure we can help you out with connections of any type you want. 

Any advice on this and experience/tips from others having gone through similar deals would be greatly appreciated!

Sometimes, the more old-school approach like posting on local community boards can help you find reliable tenants.

I wrote a couple pieces on student rentals you might find helpful.

Keep in mind the more you write off the less money you will show as you net.If you have (2) full years and depending on how the accountant files your taxes you will have a schedule C more than likely or another schedule that shows profit and loss.

Assuming the property is worth much more than they paid for it don’t let them give it to you.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

@Kwanza Price tips for managing contractors:1.