It's probably a slim deal, at best, but you dont know until you know the whole picture.

My current house may cash flow positive once I graduate and move out, but it will be very slim each month.

Shopping around is great but, really PM has slim margins and few companies will ever compete with their rates for the idea of winning over a customer especially if their time is better spent on other easier to manage properties.

If you live in a very hot area this may be acceptable but seems a tad slim to me.

After googling for many hours I have narrowed down my "where to invest" to the following cities:IndianapolisJacksonvilleTampaOrlandoDes MoinesPhilly Chicago (outside chance)Fort collins (very slim chance)I'm looking to try to get the BRRRR ball rolling in one of these areas with my initial "all in" cash on the first investment at roughly ~70-135k. 

rehab numbers aside, this does not look like a deal. chances of them taking 50% off are slim to none. your costs are not terribly low (not knowing your area, tho). what all are you doing in the kitchen for $7k?

Many people do it and the odds of getting caught at usually slim.

This should put you in a better spot since it will be an installment account.For Airbnb to be used, I hope you have some proof of income for that specifically showing on tax returns otherwise the chances of you being able to use that is slim to none.

Someone in your position has probably already tried to slim down their monthly expenses and are capped at a level of income at the moment.

The odds one can pull this off are very slim.