College town 70% of rentals are students.

Student loans are debatable as they can be forgiven in the event of death, disability or certain employment sectors.The opportunity cost of accelerating the cheapest debt out there (your primary mortgage) can be high.

She still has this whole year of high school left so trying to figure out if I should charge her rent while she's a HS student or chalk these next few months up to charity.

Closing on this home in April is usually a bad situation when trying to fill a student rental property. most leases are signed in October the year before hand.

I am a full time college student and in realestate school attempting to get my license.

I would be sure to ask them how their students are doing in a market like the one you are trying to enter so you know you are working with relevant information that is proven to work in your type of market. 

If you're thinking about conventional/bank financing, they'll look at your monthly expenses to determine what you can afford (rent + car/student loan payments, credit card payments, etc.).

I'm currently a 21 year old college student living in Seminole, OK and looking to start investing into Real Estate.

This has been a tough search due to our financial situation with my student loan burden and relatively low resident salary.

If you want to target college students only, this is the best strategy: Always rent from JUNE 1st to May 31st, 1 year lease.