I also have 3 roommates in one of my apartments who were looking for a place together and that is going well also (they split rent).All that being said, if I were in your shoes, I would still market to students because cash flow goes up when leasing per bed and there's a chance you could still find good tenants.

I am planning to rehab it and rent the other 3 units out.Greg HI Greg,HB is a nice spot to be from it never hurts to stroll down Main street or pacific city.Regarding your question about rents, yes, you can use rental income from other units to qualify (no 2 year landlord experience required).

Assuming that your ultimate goal is in real estate investing, being  young with your life ahead, the best advice I could give someone in your shoes is to research the investment and employment opportunities country wide nd make it your goal to find employment elsewhere. 

If you were in my shoes, what would you do? 

I was in your same shoes 3 years ago.

If you were in my shoes and trying to break in, would you consider starting off as a RE agent?

How would you handle this situation if you were in my shoes?

I hope my sons are in your shoes at 22, with the knowledge I can impart to them from the lessons I am learning now. 

I hope to be in your shoes soon!

If I was in your shoes, the SF condo would be my first sale.