Just make sure you do it with people that you can either "trust", are committed to the group for the long term, and would have a reputation to uphold, if that makes any sense.

I worked as a Maintenance Tech for Essex Property Trust at The Highlands at Wynhaven apartment complex in Issaquah Washington for 2.5 years to learn how to tackle the problems that arise with rentals on a large scale, but not really knowing what my goals or vision was.

I have a great team assembled, including a trusted lender and real estate agent working with me.

Overall supply levels are less than 2 months for the metro overall.  

my father had a small business on the first level and lived on the second level.

BRRRR one to two units building your comfort level, skills and contacts.

If I knew the level of wealth I would have attained in real estate investing, I would have started right around your age.

Turn key properties offer a definite move toward passive and are 1031 compliant.The truly passive alternatives that still comply with 1031 and offer that management free cash flow are NNN properties, Delaware Statutory Trusts, and Tenant In Common properties. 

Just make sure you trust your kid.

Perhaps I'm overthinking it, but it seems like some students may struggle to find a legitimate cosigner that checks out on all levels, and I would hate to reject a group of three applicants simply because one couldn't find a cosigner.