I knew my target market was the University of Maryland Medical Center as I observed people in scrubs wandering their way to the block adjacent to the block where I bought.

And on a side note to this question, do you have to be an "accredited investor " in order to invest a "large" amount of money.  

I am a 20 year old University student that has 1 year of experience in the business as a residential leasing agent.

Lol well i guess so, it's a 3 unit building I figured that was the universal language for it.

For Cashflow, I invest near the University of Cincinnati, because I get the same rents you'd find in Hyde Park and Oakley, but I pay 50% purchase price of homes in said neighborhoods. 

Maybe more than ever listen, learn and if you are an accredited investor, look into value add syndication deals with experts who have been through various cycles.  

Full disclosure: I lived on campus all 4 years and never rented where I went to school though probably 95% of the upperclassmen rented locally.My sibling attends a Californian university and rents a room in a duplex.

@Tom HurfordThe house is 2400 square feet, brick. 4 beds, 3.5 Bathrooms, University Heights, OH (near Cleveland)ARV: $240K-$260K Initial Budget was $58KBid from contractor: $59KMaterials I am providing: $16K (incl 2k contingency) (in bold below)Rough Scope: Landscaping (clean out window wells, remulch beds, trim bushes and trees)- L: $1845Masonry ( Tuckpoint Chimney, Tuckpoint exterior masonry around porch, powerwash brick) L&M: $1200Windows (Replace 16 Windows): L&M:$3600Roof (Inspect Slate Roof): $150Gutters (Replace all gutters): L&M: $1200Deck (Powerwash and stain): L&M: $500Front Porch (Scrape and Paint Iron Railings): L&M: $100Exterior Lights (5): L:$100, M:$200Kitchen (Complete upgrade, counters, cabinets, tile floor) L&M: $11,000, Appliances: $3,000First Floor 1/2 Bath (Complete upgrade,): L:$2000, M (supplied by me):$550First Floor Master Bath (Complete Upgrade): L:$4500, M (supplied by me):$2400Second Floor Main Bath (Complete Upgrade): L:$4500, M (supplied by me):$1800Third Floor Main Bath (Complete Upgrade): L:$2000, M (supplied by me):$1600New Entry Doors and Lockset (3): L:$300, M (supplied by me):$1025Finish Basement walls and ceiling (Frame, drywall, and Trim, 400 sq ft) L&M:$10,000Finish Basement Flooring (LVP): L:$1500, M (supplied by me):$1000Refinish Hardwood (1300 sq ft): L&M: $5000Electrical (Replace outlets, switches, faceplates, interior lighting): L:$1100, M (supplied by me):$1026Paint Prep : L&M: $600Paint Interior (floor (basement), ceilings, walls, and trim): L&M:$5000Exterior Painting (Garage door, house/window trim): L&M:$2500

Are the SEC laws regarding raising capital applicable if raising from accredited investors vs non accredited?  

Definitely some money to be made in the large public Universities