@Terry TanWe have several student rental properties, including one rooming house in a similar configuration to what you describe above (9rms - 4up, 5 down).In addition to emphasizing @Chad Urbshott's warning about financing options - most of the Big-5 will not even wander into universityville these days and no-one will be clamouring to underwrite a rooming house - I suggest you check the City zoning in the area and the occupancy by-laws.   

I got a college degree in business that emphasized real estate.  

I went to college and the business degree emphasized real estate.  

The vital key to being successful in real estate is emphasizing on why someone needs you.

PS: The idea of having people smarter than you is really just something people in business say to emphasize the importance of having good people.

The reason I emphasized 2020 is because I know the game changes, so I want updated info.

Because of the incredible competition, I "sell the sizzle, not the steak" by providing and emphasizing the amenities that US tourists need to feel comfortable and doing everything I can by way of service.  

I also got a business college degree that emphasized real estate.

Definitely check that out: The biggest thing I can emphasize with your plan is to make sure you can get that refi.

I went to college, not that is mandatory, and I got a business degree that emphasized real estate.