I do have the option of moving back in with my parents in the suburbs a year from now if I need to save up any more capital.

What are the typical costs do so?

I know med students are always looking for apartments.Best options in lewisburg are probably student housing, scrape-and-build, new multifamily, or flips.Tim

-Homes that aren't falling apart/need major rehab on the property-Prices in six figures overall not seven figuresWhat 2-3 cities should I really pinpoint in terms of the Zillow map to get an idea of some great options?

Considering the option of tear down and build a new house, I was wandering if there's an average percentage difference in insuring a new home vs an older house?  

Ripping equity from people without them knowing the options is the complete opposite of that. 

They typically pay too much for their deals, especially if they are wholesaling from out of state for the same reason you stated...prices are all over the place.

Many of the property managers talk to each other and compare notes and share marketing ideas and 'run comps' on each other.The other option would be the 'enemy method' to search for similar size home within your community and others close by with similar amenities and scour their calendars. 

Any other options?

International students make great tenants and typically stay 1-4 years.