I also own a 4 bedroom house where i rent to college kids, however this is a ten year rent to own so i do not show a mortgage.  

Hey I hope some of you guys can help me,I recently graduated college and have limited work and credit experience.

It has a lot of ups but at its core it is a college town.

After 3-6 months of that, you might be ready to pull the trigger on YOUR first deal. 15 years from now that income property could be your baby's college tuition?

As far as some general criteria/thoughts:- My workplace is in the Cobb/Vinings area and I would ideally like to be a < 30 min drive to work (though I don't mind if its up to 1 hour away since that is my current commute)- I'm interested in using a FHA loan to put ~5% of a down payment (3.5% down pmt + 1.75% upfront mortgage insurance premium)- My target all-in purchase price range is between 200k - 400k - I would prefer to live in a 'A' or 'B' class property that I could rent another unit to a young or established professional/college or grad student- Just from discussion with my friends, a lot of them seem to dig living in areas like Midtown, Buckhead, Virginia Highlands, Brookhaven, Lindbergh.. how feasible would it be for me to househack in any of those areas and expect to generate a decent return in the future once I move out and rent out my unit?

It's a college textbook on real estate investing. 

From 2002 to 2017, I took a break from investment properties to focus on college and get a Ph.D.

It was only in 2012 that I matriculated to South Texas College of Law. 

Don't think that applies to new entrants from College working in their field of study.

Luckily there are quite a few colleges in my area so finding responsible girl tenants is not hard.