I am a current college student, and I do not have the appropriate funds to dive right into investing at the moment.

Keep in mind that every moment a pre-approved SFH buyer is not in contract, they're likely scanning the MLS to see if anything new has popped up.

If you qualify the beauty is that you can earn and learn as a limited partner participating with experts that do this for a living.  

I remember the guy at the paint store pointing out to me latex  paint is easier to clean, but I told him I prefer enamel.During the showing, most people coming through looking would comment what a beautiful paint job it was, the owner taking time to trim base boards with high gloss white.

Blue homes make some beautiful boxes but I doubt it would make sense unless it is a primary residence.

We are buying in Ohio at the moment.

I would be bringing lets say 100K to the table, handling the business side of things such as taxes, entity, bookkeeping etc at the moment since I live out of state. 2.

Besides all of the economic reasons to go and do business in Memphis, the town is very beautiful, has tons of culture and the people are wonderful.My recent visit included meetings with @Alex Craig, @Curt Davis, @Douglas Skipworth, @Bert Miller, @Tina Sandoval and @James Wachob.

That's the beauty of REI you can do it wherever you want.  

For the past 11 years I've lived in the San Francisco Bay Area (Fremont at the moment).