Background:We have secured a building on a small college campus in Cleveland that currently does not offer student housing to its students on campus.

So I was a lender to those students..

Mix of families, students, young professionals. 

Happy to talk further on the area (we are large enough to offer options to focus on student rentals/UW Madison campus, and anything from Class C to A locations or suburban/surrounding communities) but to help you consider broad initial search, you could start by deciding how important cash flow is. 

Quote from @Mike Arias: Quote from @Chizitem Ibeneme: I'm a college student, and I plan to start investing in multifamily homes once I graduate, and I recently started looking at deals on Zillow just so i can practice underwriting.

Just because a technique for acquiring or earning money is popularized by gurus and practiced unethically by the gurus students does not mean that the technique itself is a scam, unethical, immoral, or that the participants aren’t honest.   

Multifamily is the most common one, but some groups also do self-storage facilities, student housing, commercial properties, and others.3. 

Is it ethical to float notes through a chain of "students"?

Lenders will allow parents to be a non-occupying co-borrower on a home your college student plans to live in.

And a lot of start-up companies are migrating to this city as well because of the OSU campus that has thousands of talented students graduating and looking for positions locally.