Hello, I am brand new to REI, I am currently renting an apartment with my brother, in college, and graduate next May.

Investing into something passive isn't going to teach you anything at your age.Go to or start a real estate investing club at your school as well.

Anecdotally for reference, a friend who graduated from the Citadel in 2020 paid $1k/month for a room in a house just off campus in Hampton Park Terrace (utilities included) around that time.

I’m just starting out in real estate and starting to believe the old school ways are not for me and STRs may be more my speed.

As a quick-and-dirty approach I use school quality as a way to guestimate neighborhood quality.

My insurance company doesn’t allow undergraduate or graduate students.

But difference is newly licensed appraisers have an entry level licensing that kind of has built-in "training wheels", limiting scope of what they can appraise, and with a graduation of appraisal licensing requiring experience credentials and additional education tier's be meet. 

They don't want to sell their home, however, but would rather keep it and turn it into a rental property, esp. since it is in a very good school district.Their current LTV is like 20%, very high equity. 

Everyone seems to likes the property, sometimes they want something bigger, found something furnished, something closer to school... etc...My question is, as a very impatient first timer, is I'm considering lowering the price but I'm getting solid leads with my current price.

.- Target desirable areas: Research neighborhoods with strong fundamentals, good schools, and amenities that attract buyers.- Stay informed: Keep a close eye on market trends, interest rates, and local economic factors that could impact your investmentsI also lend on fix and flip projects so let me know if you're looking to get an additional quote for your next flip!