The local market where I live is home to the University of California's newest campus (UC Merced).  

It's located in Caldwell, Idaho just blocks from the University of Idaho campus and downtown Caldwell.  

I am really interested in Real Estate but I am about to start my sophomore year at Purdue University and I want to know if it is feasible or even possible for me to start investing in real estate, when I have no credit, an internship as a job, and go to school almost 2 and a half hours away from my hometown.

Just that what you are saying is not a universal rule for all investors.Sophisticated investors do invest in high-value markets.

They are building a lot of on campus housing, but universities are rarely able to keep up with that demand.

I pull a lot of my information from the Bureau of Economic and Business Research at the University of Florida.

Background:I just purchased a rental property 2 blocks from a university and notified the student tenants I was increase rent and making them pay utilities (driven by market comps) in the new lease.

I hope by investing in their future, I will somehow get paid back.  529 has a lower yield than universal life insurance plan. 

They also have "university" sites with lots of information to peruse.

Thank you for the warm welcome.