First and foremost,contact the university student housing authority to ask for their guidelines for renting to their students and advertising your rental with them.They may want a through inspection of the property,fire extinguishers installed as well as smoke and carbon monoxide alarms,and other specific items you must have to attain their endorsement.Ask them about rents that can be charged,appliances needed,and any special policies you must adhere to.

these leases go for $M's and I need to figure out how to properly finance a deal, and calculate the ROI's.Other options, more reasonably attainable at this point in my venture, may include building a portfolio of rent-and-hold properties that cash flow positive (preferably multi-unit), and collect passive income, while hiring a property management company to handle all the day-to-day... but as @Jonathan Twombly correctly stated, "managing the management company will take time and effort."

"Yes I know it isn't impossible" 1.5% does seem attainable fairly regularly.My question for all of the landlords out there is which of the above 2 scenarios would you prefer. 2% and possibly volatile or less than 2% with "hopefully" less volatility.Also any native to Nashville that may know more than me please feel free to chime in.

During this time I attended night school and attained an Associate in Architecture, and eventually Bachelors in Construction Engineering.

@Johann Jells 20-30% is easily attainable.

I could possibly get into my parents email account and try to attain the operating agreement but it's not definite.

This works because the investor doesn't have to shell out a lot of money out of pocket apart from closing costs and your assignment fee while still attaining an asset that is producing positive cash flow.  

creative financing rent to own , seller financing , hard money lenders , capital partners to go into the deal with you , loan options from the bank and also finding a deal in which is a fixer upper and negotiating with the seller to get them to pay your down payment and take it out of the rehab cost use the leverage in the property need for rehab to attain extra equity or have them pay  

There business model looks like their forecasts are attainable based on booked business YTD.

Only a certain subset of people actually attain it.