I lived in Rio de Janerio for six months in 2016 when I was studying aboard.

The question is "what is your contract language on damages and penalties. "  If you don't have something in your contract regarding damages, liability, and penalties, then you should add it to your contract immediately and it will be there for the next project.  

I'm currently in college as a Psych student at the University of North Carolina at Charlotte, studying what I love.

I am studying for my RE license in Colorado now, and have met many local agents doing just that.  

Maybe a study themed place might target your ideal renter....You might even want to continue in student housing after you graduate or sell (and who knows the appreciation might cover you college costs!)

If you study, connect with others and perfect your process, you can be better than everyone else.

I once had a tenant call at 10:00 pm on a Sunday night complaining about lack of power in a bedroom he was using as a study. 

Most importantly before I purchase the property I would pay for a home inspection report to make sure I am not missing any major issues.Make sure your math makes sense, there are many resources here in BP to help you figure out how much should be accounted for things like vacancy, repairs, etc. make sure you read it and study it.Once you've worked on a deal before you out any money down I would share the details with the BP community and ask for suggestions.

Do you have any language in your contract that says that you can wrap the mortgage and sell the property with owner finance?

Both professions require ongoing education and study to keep current.