I wouldn't look at college markets to investigate outside of your area personally.  

Im currently a college student, do not have a ton of money to invest in real estate but still want to learn on what I can do.

About a week and a half ago I purchased Cody Sperber's first million in real estate and since then I've practically completed the course.

We've already worked this system out with another property, and it is completely sustainable.The system I've developed turns this process into a 99% passive income stream, so that the investor rarely has to lift a finger, and the house practically manages itself and puts cash into his pocket.

I decided to live at home after graduating this past December to pay off all "frivolous" debt, Ie credit cards and such from college.

As a college student and aspiring investor while at the moment obtaining my Real Estate License in Maryland, I am looking to connect with other like-minded individuals.

Pete fl and I'm just now starting to really pick up on the idea of real estate and very into me but my problem is that I am in college which I have student loans.

However, if the place is operating as a rooming house - legal or not - when the appraiser reports back that there are 6 bedrooms (each with their own locks) and separate leases for each of the tenants, the lender will run away.Additionally, what @Ned Carey indicated about debt service not being included in NOI holds the same as practiced by investors in Canada.  

Now after reading the ABC's of Real Estate Investing I would love to really dive into analyzing buildings with 4-30 units to practice and maybe find a solid deal.  

I'm planning on starting to get theory in to practice soon.I will probably start more threats on biggerpockets about my story and what I'm doing.