Tres - For starters I would recommend you read "Short Term Rental, Long Term Wealth" by Avery Carl; You can find that book right here on BiggerPockets.

For starters, you will always have constant stream of prospective tenants in a college town. 

However, converting these into desirable, owner-occupied homes could capture untapped market segments, particularly as economic conditions improve.Age Distribution and Market DemandDiverse Age Groups: The presence of young adults and an aging population suggests varied housing needs—from starter homes to downsizing options.

When you are young buy smart "Never" buy above your means buy a starter home and once it appreciates in 2-3 years refinance pull out some cash and step up to a bigger/better home.

They know zero about it and waste money like drunken sailors....look at the $708 SF building costs for starters. 

For starters it is a good practice that any seller/lender on a wrap transaction set up all payments through a third-party Note Servicing company.

In areas like this, you want to buy starter homes in the suburbs that are high 200s, low 300s that need a little help.

That's a lofty starter goal, 8 unit MF!

However, converting these into desirable, owner-occupied homes could capture untapped market segments, particularly as economic conditions improve.Age Distribution and Market DemandDiverse Age Groups: The presence of young adults and an aging population suggests varied housing needs—from starter homes to downsizing options.

I highly recommend starting by tuning in to the BiggerPockets podcast for starters.