Who has step by step information on wholesaling in a military/college town?

I graduated from college last spring and have been working as an engineer for the last 4 months.

I'm interested in properties in college towns such as Manhattan Kansas or Lincoln Nebraskan.

I'm trying to buy my first property I just graduated from college in December and I'm trying to get into real estate.

House hacking is also an option as we're both college grads living with parents to save some dough.

My current plan, would be to pay the mortgage with rent for two years until i graduate, then to keep the property, and offer free rent to a trusted responsible friend that is younger to be a sort of manager and to make sure the other tenants are not destroying the place as they are college kids and see if i could do that for another year or two. and then work to sell the property and have hopefully of made a profit. id say as of right now i'm just dreaming. but do see this as a good learning experience and chance to get my feet wet. although i do not wish to do it if it's is not worth the time. so would this be a possible investment for me or not realistic?

A banks internal policy might be lower, but if you use a broker they are going to be using multiple banks, therefore you shouldnt run into an issue til you hit 10.Also consider if you are married, and you each qualify for the mortgages independently, you could conceivably get up to 20 between the 2 of you.

I would be renting to college students in upstate NY.

If you doing a cash deal, look at single families in such areas as Golf Manor, College Hill, NCH, etc. 

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