From there stands a host of options one could take. 

Here are some articles to review in the meantime:1. https://www.padsplit.com/host-resources/news/how-affordable-...2. https://www.padsplit.com/host-resources/news/why-padsplit-is...

While it’s not uncommon for full-service managers, you might find lower rates (~10-15%) or alternative solutions like co-hosting services, especially if you handle bookings, rate adjustments, or guest communication yourself.

That's great to hear that you're graduating and you want to get into multifamily.I would start off in a commercial real estate firm, learn the systems, the sales/buying process, how to analyze deals etc...

To thrive in real estate investing, you must maintain a firm grip on your finances.

To answer the first big question in your post — single family vs multi-family — I am firmly in the multi-family camp.

The "private money", btw, is supposed to be Arnold's own money from one of his three "private equity firms."

Buyers should always do an inspection; it's a requirement in my private client firm. 

To thrive in real estate investing, you must maintain a firm grip on your finances.

The marketing/advertising firm, aka RE broker, is not the expert in building codes, zoning, structural engineering, neighborhood safety, etc.As a prudent investor, always do your own due diligence or you'll end up being (unitentionally) misguided by a RE broker's information.