Make sure you can identify all assets in the trust and their status. 

Meaning as prices go higher, rents do you not follow that pattern.

I don't know how they divided the rent or deposit payments amongst themselves.first need to identify how much each one of them provide.

Once you identify such skills set, try to get jobs around such skills.

@Adam HarperIf you're already set on your RE investing niche (STR's), then your next step should be:1) continue learning all you can about it.2) concentrate on selecting a market. 3) once you identify your market, you got to build your team there: maintenance, cleaning, attorney, insurance broker, etc...4) find place(s) to rent and take actionYou should also network along the way, locally and in the identified market by going to the REI events. 

And do stay in the forums, ask questions, chime in, etc.Then, and this seems silly but it's important, identify as a real estate investor.

I know that if I identified a deal that was BRRR or maybe in a different market or lower class neighborhood, I might be able to find a deal that has better numbers from a cap rate or cash on cash, but I think that this is a great first deal since I understand the market (went to school there), know how to find students to live there, and I can make this happen NOW. 

Ensure you provide value to the relationship; you identified basically that the commission on the sale is low and you are aware of that....so how do you plan to provide value to that agent?

Subtle patterns are good.

@Justin Butterfield, echoing what @Wayne Brooks said: If the bank is keeping the loan, the underwriting guidelines are theirs to decide, including identifying which transfers are exempt from a Due on Sale clause.