Thank you Joe, I appreciate you taking the time to respond. 

G'Day Hughston,The best advice I could give would be to not invest out of state unless you buy turnkey.But that's just me being biased.The second best advice I can give is to focus more on the people that you will be working with over the stats/demographics of a specific area.I'm sure that this has been covered many times in the various BP books but to this day it rings true.You will heavily have to rely on the folks on the ground.They will either make or brake your investment so choose them wisely.If you buy the best house, on the best street, in the best area with the best capital growth projections.But your property manager is incompetent or a cheat.You will loose money.So, team first, area second.Much success

I'm going into my final year of college and beginning to apply for full-time positions.

The IRS is not asking for a "love you till the end of time" outlook.  

Arbitrage is a risk free transaction to buy and sell at the same time and pocket the difference.

It's our first time setting up a medium term rental and bought a house with 6 bedrooms that the previous owner had been renting out as an MTR for travelling nurses (by the bedroom).

Hello Moshin,Stress and anxiety can rob us of our time & peace of mind, so I totally understand why you are considering this.

True private money is a lot of times more expensive then alternative lending.

We work with a lender that helps first time home buyers get started that might be a good fit for you.

Thank you for your time, Paul