Hi I am a new investor from out of state and I am considering 2 properties, one of them is in the Edgerton area multi family unit that is turnkey around 100k, the other is close to the university of Rochester on Frost street, but one of the units needs work.

Most likely your broker or other agents in your office can make warm intros to folks that you can learn from. 

@Lonnie Pickard & @Logan Laperriere thanks for the warm welcomes and suggestions.Regarding renting out a BR, I have contemplated it. 

But what if you can also now search for properties by walkability, distance to good schools and universities, and other characteristics of value?

(looking around in the MS area to buy a property that needs some rehab and a motivated Seller)Key Aspects on location: Large universities / Hospital System / Crime / Retail situation in the nearby area.A little direction to how some of you have started analyzing deals and targeting your markets would be very helpful as my next goal is to start analyzing at least 3/4 properties a week.Would like to connect with many of you and let me know how I can help with any questions in regards to Commercial Real Estate. 

I'm also thinking it might be better to buy near hospitals/universities/tech companies/factories.Am I missing anything, or is this typically the research one should do before buying an investment property?

The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here.

STR's can certainly work in Salem, but are location dependent (ie being in the city for the university or state traffic vs out in the country for wine tourism).

Additionally, I am not house-hacking since I will be relocating after graduation, but would want to keep my investment property in the area near my university. 

For Ram's family university is non-optional, it's an expectation.