I would recommend you house hack while in college..if you'll be living with your buddies anyways, why not have them pay you instead of another landlord?

My builder buddy Joseph Camile found this deal and negotiated the purchase from the owner.

Perhaps some more detail would help.Cheers,Buddy

Through BiggerPockets I’m looking for education, support, and to connect with investors, agents, mentors, and partners.My buddy and I are looking to purchase a property next year.

Thanks @Buddy Holmes .

My buddy also said the same thing about appraisers, they'll never be the same.

For my first CONUS PCS move, I opted to rent, because I didn't know much about real estate at the time, and I had two buddies who wanted to rent a house together with the three of us.

Cash and a college buddy partner How did you add value to the deal?

If the note / mortgage or deed of trust is actaully only 80k  then they own the entire note and it should be vested with them either through an assignment or a fresh origination where your buddy is the solo bene on the debt instrument.so if they dont pay U foreclose and own the property. 

Loan officer makes maybe $250 on your transaction but has tried to close three others for you and lost $3000.Hard money buddy might fund one knowing he charges lots more money for the juice.