This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that can be alot of work (like you mentioned).

Imagine living for free for one year straight, and think about how much more money will you have in your checking account, that's the power of house hacking.

You also need to check with the utility companies and get cost estimates from them for availability, fees, hookup charges, transformer and power line/power pole locations or relocation requirements, water, sewer, gas, cable etcThis is just a quick high level overview f the process but will give you some things to think about and a good starting point.

The result: we bought our SF home (mid $600s) and our out-of-pocket mortgage expense is $500/mo less than we were paying to rent a 2 br/2 ba apartment.I should have realized the power of real estate investing back then.

You also need to check with the utility companies and get cost estimates from them for availability, fees, hookup charges, transformer and power line/power pole locations or relocation requirements, water, sewer, gas, cable etc.This is just a quick high level overview f the process but will give you some things to think about and a good starting point. 

Your budget would give you a lot of buying power in the OKC market.

You also need to check with the utility companies and get cost estimates from them for availability, fees, hookup charges, transformer and power line/power pole locations or relocation requirements, water, sewer, gas, cable etcThis is just a quick high level overview of the process but will give you some things to think about and a good starting point.

Very powerful strategy.

So I'm curious how and where I would assess demographics/analytics, and what demographics/analytics to consider.

(@Michael Plante, @Eric Greenberg, @Rich O'Neill, @Dan Powers)Makes sense to avoid doing anything extra that a college student wouldn't fully appreciate.