I forgot to mention that i plan on acquiring my first investment in about a year from now.

Thank you and I can't wait to get started!

However, if I wait until April I'll miss out on the next round of college students.

However, it's still better to get into the market with extra cash-flow coming in than to wait.  

First off, if you are looking to rent to URI students as one post mentioned, you will be limited to towns in South County.  

Hi everyone,I live in Hong Kong and just starting investing in Real Estate here.I have a very good lead, let me present it to you all.In a commercial building, the man own a office room high floor, he bought that office for investment for a year ago, he did not touch anything in the property and put it on the market for sale with a large markup.After a 9 months on the market he decided to lower the price, still after 4 month with the lower price no buyers.I then come in and ask the seller if he will consider owner finance on his property as he only have a small loan that is nearly paid.The owner said yes to owner financing and waiting for my offer.I have visited the property and understand why the landlord have not been able to rent or sale, the place was previously owned by a church, the all atmosphere and decoration is very much like a church... so really difficult to rent it as it is for office space or similar. 

(we bought then waited until the price went way up.)

But like @Meghan McCallum mentioned, there are always other deals out there. 

Kathleen R. mentioned.)Bank: 1 Separate account to cover the entire building. 

Hello James,I am not sure if it was mentioned here or not but Section 8 tenants are backed/insured by the government as far as damages go.