College Housing Investment

[Mitchell Behm]

Hello! So currently I'm looking for a home to purchase as my first investment property in college. I plan on living in a home and renting it after I'm graduated, while renting the other rooms while living there. All of the houses seem to not to pass FHA regulations because of the age and condition they are in. I have found one that was built in 2012 but it's a 4 bedroom, instead of a duplex. I could rent the other rooms to friends or someone looking for a place. The area has very low vacancy and sign leases a year ahead of time because of the low vacancy and being a college town. If it works out should I pursue it? Thank you for your time.