@Arn Cenedella If you are raising up to $3M in equity, its going to be difficult to attract the larger check writer,  so its logical for you to pursue the smaller checks. 

Love that you're thinking about pursuing your 1st investment!! 

There are two distinctly different collection strategies you can pursue:1) Collections Company: there are several that ALL they do is pester the debtor for payment with calls, texts, emails, letters, etc.2) Collections Attorneys: they will get a money judgment for balance owed and then pursue garnishment as necessary - including garnishing any state tax refund (if the state allows).Both will take a percentage of what they collect.

I am 19, and currently a second-year college student pursuing a Bachelor of Business Administration in Accounting.

Does anyone else have suggestions of other options I could pursue?

What markets are you interested in and what investment strategies are you looking to pursue?

It provided us with valuable insights into STRs as we considered whether this was a real estate investment strategy we wanted to pursue.

Demand, quality of tenants, etc.According to my analysis should give a 12% CoC return but this is my first commercial property purchase just like some insight or if I should pursue other forms of commercial real estate. 

what method did you pursue? 

I recommend GC Realty & Development as a property manager if you want to pursue that market.