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We live near a University that has no dorms and had a college student stay with us in the past and I think that is likely the demographic that is most likely to target. 

It might be easier to pick a market and call a few property managers to ask them questions about the local market to get a better understanding of what is in demand and where, current trends etc. 4. 

Would it be easier to write a specific contract for each sum he transfers to me and have 5 or 6 individual notes with descriptive verbage on the terms?

It makes it easier that you’re the owner of the equity, but your partners will want to be covered too.

Many people live paycheck to paycheck and $200 a month is a lot of money to many renters.If you want to know what the place could rent for go visit 4 or 5 very nearby places that rent for what you think is market rent.Then go visit the target property.

Taxes is far easier and all that tracking we do is much more accurate and you really only need to check the uncategorized items every so often, of which there are not many after you get to use it more.The point is, it’s easier than it’s ever been but you only get to see that after paying a little and making it part of your habits.

It's an easier sell. 

Do I try to go through real estate agents or mortgage brokers or maybe there is some really great targeting marketing techniques? 

If the financing is tough now, I can't imagine it will be easier in the future.