The only contractors that you will be working with if you persist in this approach are a) unlicensed contractors, b) new contractors, or c) bad contractors.

To use the BRRRR method, target 2-4 unit properties, look for emerging neighborhoods, network with local contractors, factor in property taxes, and work with an investor-friendly agent.Good luck!

I recommend that you build trust with local contractors first and starting with properties that are move-in ready or just need a little cosmetic touch-up.

I know its expensive but you will be well protected :)Or you save a lot of money and be better protected by doing this consistently and well:-carry appropriate types and amounts of insurance-sign contracts with indemnification provisions- obtain all necessary licenses and permits to operate your business-ensure all vendors/contractors are licensed and insured and list you as additional insured-sign well drafted and fair leases and be a responsive landlord -be an active owner or hire an active PM  who avoids or at worse timely eliminates premises liability exposure The strategies you often read about are sold by alarmist asset protection companies who fail to disclose how impractical they are.

I purchased a duplex in Lorain in May of this year and hired a general contractor (GC) I found on Bigger Pockets.

You don't need to be a REP to enjoy these benefits.

Or would I be wiser to wait until I have a 9-5 post college and just enjoy these years and hope market conditions become more favorable?

Hired contractors for the heavy stuff. 

Build a strong network of lenders, partners, and contractors to achieve your goal.

We have a friend looking to buy a mountain home to enjoy but also Airbnb it.