And if all fails, I could sell after I graduate, and take the proceeds and pay off my high student loans if needed, or just "level up" to a different asset class when I am in another profession. 

They often know about listings before they hit the market and can guide you to good neighborhoods for flipping.Use Your Contracting Skills: Your experience in contracting is a huge asset!

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

They have REIT/syndication/fund with residential as underlying asset so it seems legit.

Not 30 days later or 60 days later when you go find the money or borrow it.Every jurisdiction is a little different as to how things work, but typically you won't be able to borrow your way into tax lien/deed investing unless you are borrowing against other assets you have like life insurance, home equity, 401k, stock margins, or some other hard asset.   

You want to make sure the renter arbiter is financially stable with good income and good credit and at least owns the house they live in so they know that if they mess up they have a lot to lose.Usually most renters do not have any assets and are usually not so financially stable.

I know it depends on asset type and area but I'm assuming that number is prob for SFHs.

To my knowledge, Microsoft does not turn your stored data into an asset which they then use or sell.

For those who are able I always suggest for them to house hack so you get the full experience of what to expect in a rental property as you are in the trenches doing that work yourself and it comes with a lower cost of entry for a more expensive asset. 

Both you and your wife should take the time to schedule a session together with an asset protection attorney who knows Connecticut and New York law.Good Luck!