So a bit long winded post but I'll try to keep it short. 

Why wouldn't you buy a two-family or single-family where you are now, rent to people you know, learn about landlording, and then keep it as a college rental after?

Denis,Yes, but keep in mind some lenders have specific overlays and will not allow. 

I'd make sure you've confirmed deposits have been transferred to the new PM along with any rent they've collected or your own deposits they may have (my PM keeps $500 of my money to cover any repairs that may come in). 

Most of my monthly expenditures auto process around the tenth of the month so I have to keep twice the normal capital in there to ensure my expenditures don't process prior to the rent payments.

Will you be flipping it or keeping it as a rental?

One thing to keep in mind is you only need to put 5% down for a primary home and 15% down for an investment.

Listen to podcasts here on BP, read posts about this topic, and keep learning.You can do it! 

Jeff,Send me an email or reach out this week I would be interested in talking and always looking to connecct with a good realtor.

However, if you believe there will be significant demand, by all means it is a good investment.