there's also varying degrees of rehab.  

Wilbur Ross39th United States Secretary of CommerceIncumbentAssumed office February 28, 2017PresidentDonald TrumpDeputyKaren Dunn KelleyPreceded byPenny PritzkerPersonal detailsBornWilbur Louis Ross Jr.November 28, 1937(age 81)Weehawken, New Jersey, U.S.Political partyRepublican (2016–present)Other politicalaffiliationsDemocratic (before 2016)Spouse(s)Judith Nodine(m. 1961; div. 1995)Betsy McCaughey(m. 1995; div. 2000)Hilary Geary(m. 2004)Children2EducationYale University (BA)Harvard University(MBA)Net worthUS$600 million (2019)[1]Before he was appointed, Ross was a banker known for acquiring and restructuring failed companies in industries such as steel, coal, telecommunications, and textiles, later selling them for a profit after operations improved, a record that earned him the moniker "King of Bankruptcy".Learn from him. 

My professional history is as follows, I graduated with honors from Ohio State with a degree in finance and began working for a Fortune 50 company in cash forecasting and investing approximately five days after graduation.

We’re focused on investing in off-campus university apartments.

@Veronica Taylor, @Alex Furini summed it up, however I'd say your best efforts before purchase is to see if it is legal to convert it, to what degree (how much square footage is available) and what Building Code/Egress issues you will face.

North Philly prices have gone up dramatically (in the most desirable areas and close to schools) and I'm sure that the investors who are targeting university students are making a killing right now!

There is a university less than five miles from this area and I often see houses being rented to students.

Putting it all out into the universe.

I can't be crunching numbers at the same time with any degree of clarity.Develop the goals yourself and track them yourself.

You go for 2 or 4 or more years paying people a ton of money to earn your degree.