The type of rooms students would need or skilled temporary workers, not drug addicts and alcoholics. 

First figure out how you can even qualify for a loan since you are a student with I’m guessing little to no income.

I also advise participating in regular meetings with them.

Smaller markets like Ocala, Spring Hill, and Palmetto can be great for affordable buy-and-hold strategies, while Gainesville offers unique student rental potential.

Richmond is a growing market with strong tenant demand from young professionals, families, and college students, depending on the neighborhood.

Greatly increased lending capital by transitioning from a ‘blind pool” fund to a series LLC / syndication model where investors know the property lending deal before committing to any loan and can “pick and choose” whichever loans they do or do not want to participate in.  

The property is located near two colleges, so I’m focusing on student tenants and planning for 12-month lease terms.Do you have any tips or advice for renting by the room?

A lot of universities have students that need mid term housing due to graduation dates, mini semester programs, etc. and I've found if you approach them and offer them a solution to this problem, they are willing to work with you and help send business your way. 

What information do you need in order to participate in this conversation.   

No one capable is "waiting on the sidelines", they just cannot afford to participate.