It's not a one-size-fits-all answer, but hopefully this gives you some food for thought.Whatever path you choose, I'm here rooting for your success.Jasper & PatTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

I'm in Canada where tuition is different (not as expensive as the US), but the biggest expense I see is what students pay for housing and food, not their tuition (US is likely different).Real estate investing is not passive and not something you can live off.

I appreciate the food for thought.

One of my Bizz partners was the President of STauffer foods ( a Nestle company) He would talk about how important it was to personally hear feed back..

There is no such thing as FREE college, FREE food, FREE housing, FREE health care.

I manage each property personally, which has provided me valuable experience but also highlighted the need for a more formal structure as I plan to expand my portfolio.My PlanI'm looking to establish a Wyoming Holding LLC that will be taxed as a partnership.

Factors such as competition, food trends, lack of management, ingress etc, can close these stores. 

You can't predict how someone will react to any circumstance.Let me ask you this:Where would you go if you were a hungry lion in the savannas of Africa to find food?

You get what you pay for in all cases: while shopping for food, clothes, attorneys, CPAs, Doctors and Realtors. 

The sophisticated money is not buying in stagnant markets with poor fundamentals because they can achieve the 1% rule, can complete a BRRRR or because of more favorable landlord tenant laws exist just to highlight what’s rarely part of their acquisition criteria which is a stark contrast to the mindset of most within the BiggerPockets community.Since your focus is specifically on landlord tenant law component I’ll add those who follow the law, properly maintain their property, respond timely to tenant requests, use well drafted and fair leases and don’t unreasonably withhold deposits  find themselves in far less tenant controversies.