Student Housing Units

[Allison Hodges]

After years of using a property management company, I'm looking to self manage two 4 bedroom/2 bath student housing condos I own in a college town. 

Three Questions: 
Is it better to have 4 separate lease agreements (lease by the room) or to lease by the unit, which I would prefer?  What are the pros and cons?  I own two units and one is leased by the unit for the upcoming 2024-25 school year.  The lease states that the tenants are responsible for the full unit rent regardless of the number (in the event one tenants moves out before the lease ending date).  Trying to decide out to lease the second unit before I market it. 

I"m re-doing all the flooring this summer in one of the units.  Laminate or LVP?   For the kitchen and bathrooms, would I need to do EVP for potential water issues? 

Lastly, what is your recommended self managing software for leasing/screening, maintenance, etc? 

Thank you!