I can say from having taught classes on these loans that your contractor will be the biggest key to your success.

Further, you can ask any student I have individually or privately coached, and I am sure they will agree that I have done nothing but championed for their success.  

Biggest thing is not letting the tax tail wag the dog. 

There is a lot of information on BP regarding being a private lender and outside groups taht have a lot of support in this space.

As far as waiting until you graduate: either option would work but I would imagine your biggest obstacle at the moment would be that you do not have a set record of wages from an employer.

While your lease may indicate that the tenant pays, the biggest problem with this is that tenants will stop reporting issues for fear of paying.

., you will come out on top just take a bit longer so you need to underwrite that in mind.If the former, I would do a combination of fixed income, private lending, and note buying and trade the arb.

I think the 2 biggest hurdles are finding the right team to do the work, given you won't be there to monitor it 1st hand.

The biggest problem is selling.Here is a good example.

My brokerage is part of Anywhere RE, we have the biggest names under our umbrella (ERA, Caldwell Banker, Sotherbys, BHG, Century 21) and we have a fantastic referral program that I can hand pick an agent anywhere in the country and interview them for you to make sure they have the qualities you are looking for.