Ryan,Do you have a local university or community college? 

They could be traveling for work or for personal reasons (I actually rented a place off Airbnb in Billings, MT during football season when my son played football in college so I could be there for his games.)

I have been renting during my whole college career and made some income through internships that I would like to use towards putting a downpayment on my first property.

The house will cash flow but the property comes with a great newly built barn with a slab and all.Now when my brother and I both left for college my parents had no use for a golf simulator that we had in our garage so they offered for me to use it at a property.This would for sure add a lot of value to bookings but I cant decide if the $50 - $100 a night or so increase (just a estimate) is a better option than spending the 40-60k to turn the barn into an ADU / separate dwelling to add cash flow and equity to the property. 

Background: I am an undergraduate student starting a real estate fund with $100,000 pledged from the Administration.As mentioned above I am starting a real estate investing club on my college campus with a good chunk of change from Administration.

I bought my first house back in 2009 to help me pay for college.

I can see my retirement (401k, Roth IRA), my liquidity (index funds/personal emergency fund/RE emergency fund), health related expenses (HSA), kids college (529 state plan), savings (HYSA), Real Estate equity (through appreciation, equity capture at the buy, loan paydown) etc.

As a current college student, I am very interested in the market(s) near big universities in smaller college towns.

Yes, they don't always listen, but if you have it set, it's easier to reduce the "they put my laundry on top of the dryer" moments like in college.4.

First focus on what kind of tenants you are looking for (college, certain employer, traveling nurses......)