Hi,I'm in my last year of school at UVA law in Charlottesville, VA (22903) and have previously been a math teacher and an analyst/assistant for a financial advisor.

I have a question a friend if mine is trying to buy another home in a better school district.

School districts? 

I work part-time for a real estate company (Nomadic Real Estate) as a leasing agent and I just passed my VA salesperson exam so I hope to sell real estate in Virginia within the next couple of weeks.Within the next 4 years, I would like to generate enough passive income so that I can save for my future family.The ultimate goal is to generate enough money to be able to start and sustain a social entrepreneurship business to help schools in West Africa.On Bigger Pockets, it would be great if I could network with like-minded individuals.Francis

Here are some other things that could go wrong which may cause failures:Unknown necessary repairs (i.e. sewer lines, roof, etc)Not having cash reserves to cover vacancies / major repairsUptick of crime / vandalism in neighborhoodVandalism of propertyInfestations (pests, other)Bad tenants / No tenants / tenant family issue impacting stay (i.e. death, divorce)Rezoning of school districts / Loss of accreditation of school district Insufficient Property Management (not addressing tenants concerns, no notification of repairs timely - causing further damage, etc)Not following market pricing on rental / raising rent to frequently or too much at onceLegal issues (i.e. tenants sue for injuries on property, taxation, etc) I think you get the idea.

Oh cool, I went to school with their (late) daughter, Katie and they were at one point my friend's landlord.

Should I attend a physical real estate school or should I take online classes?

You could get a real estate license if you have little money or if you do get a job right out of school you could buy a property that allows you to rent out space (either a separate unit or bedroom(s) )  AKA House Hacking.  

Tenants don't usually move around much during the school year and the holidays if they have kids.

I'm not telling you to do anything,But I've done it consistently throughout school.