I may also need to take out a small loan/line of credit to complete the house, depending on how far my money stretches. 

Everyone is hoping for a Detroit turnaround, especially with the big money investors.

For example, condos may require more money down on a DSCR loan, especially if it non-warrantable.

every person who builds a house or a commercial building has to do so with 25% equity to get it financed with a bank. there is absolutely value in new construction. the hard part becomes making sure your architect knows how to design a building that can make money. but saying you don't know how to is a little silly it's the same idea as existing but ground up you just study the market and look at land more than you do anything else. you can build a house anywhere but you want to do it in better areas. it's either than or higher density's smaller floorplans, etc 

My plan is to allow my portfolio to compound, and then after college pill up some money and start investing in real-estate.

I'm not sure where to start with private money or hard money lending when it comes to covering rehab costs on a rental property that we already own.

Most note funds or other syndicated investments require high minimums (often $20k+), whereas with PeerStreet I can put my money to work quicker. 

However, we want to save more money before purchasing that next home.

To my knowledge, noone in their right mind would lend money for an emd unless they are getting an equity position in the deal.

I'm looking for a good city to invest in real estate with the savings from my job once I graduate.