I also owned a condo in a college town (Auburn, AL), and found the easy money available there tended to make for very poor and very expensive management.  

For me the fear of success is driven by those who have told me that it couldn't be done without a college degree and yet here I am. 

Cloud but plan to move back to the cities after I am done with college.

When you're a company adjuster you're getting 2-5 claims a day in a normal cycle and double that in a catastrophe it's impossible for a fresh college graduate (on a 3 day adjusting course, which is all you need for a state license) to have the fast-thinking discernment required to catch every nuance and the impact it can have on finding the insured the coverage they purchased and are contractually owed.  

I did graduated from college with a business degree.  

You'll have an ample supply of students, but you'll have to deal with the transient nature of college housing.

College rentals are fairly self-explanatory...for highest ROI, that's going to be almost impossible for anyone to answer without knowing more specifics, especially how far afield and how experienced you are, what your investment potential is (are we talking SFRs, small-multi, large multi, LARGE multi...?).

I got into this business for the simple fact that I wanted to live for free and not pay bills while in college.

I got interested in RE when I was 19, at first I was just curious and then I checked out every book from my college library about how to invest in RE.

Rose, a pharmacy and medical college all within a couple miles of one another.