If you are interested in rentals take the time now, while learning how to invest, to access and study your state landlord tenant regulations.

If you are personally self-employed (not just a landlord, that is passive income), then you might be better served with a Solo 401k.  

Since it is not a landlord tenant relationship you will need to research whether notice to enter is required.

I hear all the time that Landlords usually have to fire a few property managers before they find a good one.

Any landlords out there in the Greater Cedar Rapids, Iowa City area sick of their Coin-Op laundry suppliers? 

., which leases space in communal work areas, are challenging the business models landlords depend on.

However, if what Charles was saying is correct, not technically "owning" the land can change how the depreciation of the property works come tax time - and that would skew the calculation and add a few more years to the timeline.  

If I am unable to land a well paying job right out of school are there ways to get approved for a loan that do not involve a current income? 

1st-  One of them is in Georgia, I have a note with a land contract (Midway, 30315), tenant buyer is paying $425 per month at 10%. 

Continue to spend time on here reading up on house hacking/financing/being a landlord and everything else you can.