I would benefit from this program because it would decrease my 1:30-2 hours commute down to under 30 minutes.

It’s amazing the difference in damage within a short distance. 

With one property you can self manage even from a distance.   

These areas may offer more affordable multifamily properties that fit your house hacking goals.Rochester and other distant markets could work for a BRRRR strategy, but it’s a big commitment given the distance.

It looks like most of them have been listed for 2-3 months, so you aren't unique.Another consideration is your distance from the city. 

I question how close it could really be to the college though -- i.e. not walking distance. 

I will eventually look to distance myself from this part of the business and hire a PM.

IMO killeen is a solid investment. just have to watch which areas you are getting into. there are some pretty rough areas near fort hood but killeen is great because it is close enough to austin and people commute from there to austin as well. with fort cavazos near by and the new samsung plant coming online in taylor, it is a solid choice with steady demand for MF.

I'd like the building to be within 10 minutes walking distance from a Brown Line L stop, ideally in Lake View, North Center, or Ravenswood.

I think most of the students at those two colleges are commuters anyhow.