You might consider Niche or Specialized Housing like student housing.

Its Student/College Housing.  

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

I can see the added value of investing in the suburbs but at the same time (as a millennial) I am envisioning greater long-term opportunity in the city since most millennials prefer urban dwellings.I, myself, graduated a few years ago and still have some student loan debt, so I would prefer something that isn't terribly capital intensive.

My cousin is in his late-twenties and recovering from bad credit from college credit cards and unpaid student debt.

I'd love to get a feel for what types of properties would work with college students there, though.

I'm a college student very interested in real estate investment.

@Gary McGowan have you looked at the student housing market in London?

We are ALL students in some way or another.  

But that's only after attending 3 different colleges and racking up in student loan debt.Good luck with your REI journey, I'm sure you will do well!