It's also essential to stress-test assumptions, ensuring the deal can withstand tough scenarios.Using models or spreadsheets streamlines the process, but mastering underwriting takes time and experience, evolving with market changes.In short, underwriting involves dissecting financials, considering market trends, and stress-testing assumptions.

I would start on smaller projects so you can really refine this team and gain experience first. 

I absorb as much REI content that I can find online and want to expand my horizons with others' experiences. 

Thanks everyone for sharing their experiences and information, definitely great help.  

With no experience in this area I've been considering partnering with one of the following coaching/mentoring groups (Flip System or Flip Cheap Houses) does anyone have experience with these two? 

Connect and consult with house hack investors to learn about their overall experience. 3.

House hacking will also give you some personal "property management" experience.

In my experience, one thing to consider is the "type" of propertyI have a property where I have a tenant that is usually late. 7months/year late.

If so you would want to come to an understanding on who maintains the "improvements" and get that in writing. would love to see some developers jump in on what their experience is. 

As students you most likely won't have much prior job experience which makes it hard to qualify and get approved.