Not saying anyone that has replied on this thread is a fake lender but SM is full of those folks I will connect you with the actual lenders  I do not participate in fee's just trying to assist.. 

PR efforts, such as getting featured in local media or participating in industry panels.

You will be able to market to all the Naval Aviation students.

I'm also starting to participate in local groups here as well.  

Is the appeal to having it in/near Tempe renting it out to college students? 

The reason you can generally only participate if you are accredited is because regulators know that it is easy to get taken in these deals and it is assumed (wrongly so IMO) that if you have a higher net worth and can plunk down a big chunk of cash that you have the sophistication to understand the investment. 

Second largest metro area in Alabama with a population of over 500,000 when including Baldwin County, of which over 40,000 individuals commute from for work.3. 7.5 miles from downtown is The University of South Alabama which employs more than five thousand people, and has over 15,000 students.

Additionally, participating in local real estate investor meetings can connect you with experienced investors for guidance and potential partnerships.Building relationships within the industry can often be as educational as formal training.

The Dallas one was 13 miles away from SMU in a submarket that will likely not draw one student, one faculty member, or even one employee from SMU. 

Interest rate are a factor and your debt of 55K and any other debt such as Cars, student loans....