First make sure you are licensed and insured to be able to legally manage other people properties.Research what the requirements are for your new location. 

@Khayla WilliamsI strongly recommend against borrowing 100% for a propertyThere is significant risk in owning real estate including section 8 and maintaining the home in a certain condition and if you do t have the funds for those repairs you could lose it all.I always recommend people budget and save enough for a down payment and reserves before getting into their first property.

For rent by the room, you want to be where young people would like to live, which is as close to amenities, nightlife, and jobs as they can get.

I've gleaned these lenders from the kind people on BP.

Most people will not want to spend time on a deal or partnership if the numbers are too tight.Your other value here is:- You have full access to the property.

I also responded to a few other people who asked questions... 

We pull a list of cash transactions from people who own 2 or more properties from BatchLeads.

I hear so many stories of how people start out there journey and this seems to be the best way if your young like me with no money to spare...

I financed this deal by connecting with the Total Quality Lending Team, whom I discovered through BiggerPockets.

My goal is to find a mentor and be around great people that are like minded people.