We currently have SFR in Bell Ridge, Ferguson and Jennings and would like to include areas such as University City & Pagedale.  

I am a recent graduate of Murray State University and have been working a white-collar job 9-5 job as an architectural graduate since my graduation (1 year).

My question to the BP universe is.

I started looking into the Louisville KY area bc there is a major university over there and cheap housing.

I'm graduating from San Jose State University with a degree in Civil and Environmental Engineering.

I can probably find 2 roommates paying $650/mo not too difficult (house is walking distance to local university + hospitals).I will then be only paying $1650-$650-$650 = $350/mo to live in nice brand new house (at least during the first 10 years).

Columbus would be a great market for student housing considering it hosts the 3rd largest university in America. 

I find cville and the immediate surrounds to be one unique place (University is large influence and it's a relatively small town) , with Richmond and the surrounding counties different (large urban and suburban), and the in between being largely rural.

I feel very blessed, but now scared as to what should I do next with that equity.I've invested previously (cash purchases - about $500K) into 2 STR in the College Station, Texas area (Close to the University), and been happy with the performance - Net Cash Flow of about $15K annually per each, and was thinking of doing some more of these, but the cities are starting to come up with crazy ordinances on STR.So, what would you do seriously if you've or are in a better position that I am.

Looking for a decent property around University of Cincinnati (duplex or multi family) for students around the campus and also having a positive cash flow.