He was previously my teacher in high school, so I've had a relationship with him and I've signed a buyer's agreement with him.

I recently went back to school and racked up student loans onto my already high balance.

He was previously my teacher in high school, so I've had a relationship with him and I've signed a buyer's agreement with him.

You paid some tuition to the school of real estate.

A high school friend of mine has a duplex little outside of Sacramento area but isn't really cash flowing and ate up a lot of his capital to invest in additional properties. 

., great schools, public transit, and a thriving local community.

Rental prices for a 3bd/2ba/2cg home 1500-2000sqft can easily range from $1,800-2,600 per month. 4) Major employers in Central NM include Sandia National Labs, Los Alamos National Labs, Kirtland Air Force Base, FBI, US Federal Government, State of New Mexico, ABQ Public Schools, University of New Mexico, Central NM Community College, Presbyterian Healthcare, Blue Cross Blue Shield, Lovelace Healthcare, UNM Hospitals/Cancer Center/Level I Trauma Center/Regional Medical Center, Netflix Studios & Film Industry, Solar Panel Manufacturing & Renewable Energy Industry, Meow Wolf, Amazon Fulfillment and Distribution Centers, etc.

This type of property has the chance to cashflow, even highly leveraged, in a market where cashflowing properties are quite difficult to find.Could house hacking a property like this work while I am going to school? 

I finished Grad school at Weber State last year.

Temple now attracts students from more affluent backgrounds in the Philadelphia suburbs (kudo's to the school for raising it's academic reputation).