The SFH's are either rented, or will be rented to graduate studies students or medical school students.  

@Trevor Morgan There are of course other methods than house hacking with a FHA loan such as wholesaling, but few that require less work or money to get started in REI.You can continue to study the topic so that you will be able to better explain and hopefully convince your wife of this or another plan.

Ive been learning and studying rental real estate for about 4 years now.

I live in Manhattan and have been studying markets for a few years now.

I'm reading everything I can, listening to podcasts, studying the market, everything I can do.

There is a post laying out great neighborboods to invest in which I have studied, but I am looking for advice on house rental prices or any other kind of advice on where to buy, or any house deals!

If the money you get does not match your efforts, it's time to take a pause and have a further study on how you can correctly make it.House flipping is a step-by-step process.

@Scott Meyers  has a storage academy  that's the one I went to in Vegas this year.. lots of good info there..I would make contact .. your probably on the advanced ( well not probably you are ) advanced side on the development end so it would just be running the numbers.what I saw scott teach though was hiring a consultant for market study in that study will probably answer your questions and you will need it most likely for your debt financing unless your paying cash.

I study the lot now more carefully to assess water flow. 

I am a recent graduate with minor amounts of student loans to my name but I am still in line with my DTI to be under the 36% threshold most lenders look for.I have been studying all aspects of real estate investing for the past 3 years now.