@Joshua Houchins  While seller financing sounds interesting, I'm not sure I really want More debt beyond my student loans. haha.

In our area some do charge 12% but without the placement first month fee for student rentals.

But their mostly student rental pool is no great shakes either.  

You might consider Niche or Specialized Housing like student housing.

I do understand that wholesale is the strategy that all or most gurus tell their suckers, er, uhm, students, as the first strategy to pursue on their way to financial freedom via real estate investing.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.You might consider Niche or Specialized Housing like student housing.

I would love some suggests as we questions to ask and how can I be helpful as a current business student to help this person out and also learn first hand. 

You might consider Niche or Specialized Housing like student housing.

All participants must be taking classes or working to keep their benefits.

@Roy N. licensing naming rights might be quite lucrative for your student housing.