We have the lowest unemployment in the midwest with a huge labor participation rate.

I put the full down payment for the duplex, and my fiancé had barely an emergency fund saved as she was aggressively paying off her student loans.

Its brand new construction, rented to the local university (1 year leases) for scholarship students. 

It's an A Class property , I gave it to students this time and I took a small loss to quickly fill in as the previous m2m tenant did not provide ample time to find another one during winter time just before the holiday season.

Hi, my name is Eric and I am a student at the University of Southern Indiana.

Is this like student rentals and what's a viable way to move forward?

We got a Master-level internship in REI and our kids participated in the experience which gave them lessons. 

I heard good things about Sherbrooke, it seems like the student market can be lucrative.

Reading and participating here on the forum. 

The last thing you want is to rack up a debt, graduate school, not find a job, then have student loans come in and over-burden your financial posture.