@Ritu MahajanBuild a solid local team, including contractors, property managers, and lenders experienced with BRRRR.

I’m currently doing research about up and coming areas such as this post as well as looking for local groups.

I was able to join the local Facebook pages for investors that are local to my area. 

Locally my observation is that the need is more for low income young and working vs college student.

I’d love to connect with local investors and agents and, further down the line, with contractors when we’re ready to take the next steps.Looking forward to connecting and learning from everyone here!

Since you're still living in the property, you might be able to house hack and keep the lower owner-occupied tax rate—worth confirming with a local tax advisor.

Quote from @Kyle Carter: The comps that come from local real estate agents will be the best for this one.

For instance, Berea is a charming college town, but the combination of local taxes and less favorable price-to-rent ratios makes it less appealing for investment compared to other areas in the state.

If things get tricky, consulting a local attorney experienced in landlord-tenant issues can help you handle the situation properly.

I was working with a local credit union who pulled out at the last minute.