In answer to your questions, it partly depends on the student body in general and on the type of tenants you want.I don't know Baylor; is it an expensive school?

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

If tenant changes locks, a key must be given to landlord on demand. 

I'm new to the real Estate world and want to know is $2000 dollars enough to get started making money my credit sucks no credit cards and up to my eyelids in debt came across some money and wanted to invest in real estate want to be an  entrepreneur tired of working on someone else's dream want to work on my dreams  I'm in the Chicago land area and I'm a quick studie can any body help me learn I'm new and don't know nothing please help!!!

.- Pay all that CC debt back and set everything right the day you get your keys. - Look at kids college fund accounts and the like that already have her name on it.

This is a relationship and team building business so networking is key.

For example, you set up key word alerts. http://www.biggerpockets.com/alerts

It may take a while to find deals, because being patient and disciplined is key, but if you're successful in real estate investing (as I'm sure you will be if you're here on BP!)

I say go for it just screen the tenants extra thoroughly I'd really aim for a low key tenant.

I am currently reading "What Every Investor Needs to Know About Cash Flow...and 36 other key to finanancial measures by Frank Gallinelli" if you guys recommend a book or want to give some advices for newbies feel free to type it in. :).