Require co-signers (usually parents) if they have less than 3 years of credit history (This could be difficult because a majority of my tenants are international students).  

my traditional lender informed me that with my high student loan debt spoiling the debt/income ratio, I only qualify for 175,000 and no more.   

But more and more millennial and grad students are starting to live further away from campus, so the rental market it still strong outside of the immediate vicinity of campus.   

Hello Bigger Pockets family,As I plow through student loan debt to get my feet into real estate debt free, do you guys think it would be a good idea to get a real estate license in NYC.

The only problem is I don't have that much to get started with right now and I live in NJ...On top of that, I'm also saving for a new car within the next 2 years (will just buy something reliable and used to save as much $$$ as possible...mine has 187K miles on it right now), a wedding within the next 5, and I have my monthly student loan payment...so how am I supposed to save enough to still have enough for at least a 20-25% minimum down payment plus reserves for rehab.

If they were good at avoiding this type of debt they would likely not be renters.Medical bills and student debt don't hurt my applicants much. 

Also, factor in that your turnover will be very high compared to most markets given the student population and low-income area.  

I am a senior undergraduate student at Virginia Tech in Blacksburg, Virginia.

Do you have a lot of elderly people, students, small families in the market.

I make good money as a registered nurse so while I could afford to carrying the mortgage of a SFH, it is much more appealing to have lower monthly expenses with renters sharing the cost of a mortgage while I continue to pay down the mountain of federal student loan debt I have.