The reality is virtually all MLS purchases in most markets will be initially negative cash flow.  

or "be near Temple University" I am from NJ/NYC area and am looking to identify the next big/upcoming neighborhood in Philly?

The number of successful RE investors on this site alone would show the statement not to be true universally.  

In the Raleigh Durham area we also have a strong university system that employers can draw from to support their employment needs. 

@Evelin Negrete - If you don't want to manage tenant communications, hire a virtual assistant for $5-7 dollars an hour and have them take tenant inquires.

virtually any state out in the west will fit this bill.. careful with STR regulations though

Hire one of VRBO's "preferred vendors" to come and shoot a NEW video of your place, and it will now be in their "Virtual Tour" section, and you now have a video again!  

I'm just about to graduate from university, so my income (and investing) have been minimal up to this point.

---So, learn the neighborhoods where you plan to invest and use Google Streetview to virtually explore them.3) Poor Tenant Screening - they typically can't sell a property until they place a tenant.

You can create sub-accounts for each property and create virtual credit cards you can assign for use with certain properties or with certain providers like your cleaners or handyman.