My take away is that you have found that, at least in your setting: 1) You don't have any expectation of getting tenants for a new property during the semester in which you closed on the property. 2) Having a long lead time of several to 10 months before the semester starts to market the a property helps assure that the new property is filled when the semester starts. 3) Because of these realities, it makes the most sense to close on a new property about 10 months  prior to the fall semester for which you are targeting the best rate and occupancy, to give plenty of lead time for marketing. 4) Expect, therefore, that whenever a new property is added, at whatever time of the year the deal closes, expect to have no income for several months, but it pays to market as soon as possible. 

The spreadsheet will never tell you about real-world problems, and I assure you there are many. 

It is generally just to assure the lender that the property will cover the loan value in case of default.Now if you want an appraisal to put a value on the house for legal reasons, like a divorce sale, then I would tell the Appraiser the specific situation and request that he/she give to a true market value on the property.

I forwarded this to my GC, and he assured me he would take care of everything, including pulling the permits.Work continued, but after mid-July, the weekly updates from him stopped.

You will want a lot of remote tech and automations.Even with all of this your issues will revolve around Quality Assurance - be cognizant of that and build systems to ensure quality.

“They’re getting better,” Torres assured her.Until they had more money saved up, the hotel across the highway would have to do.

This way wronged people can file a report against registered wholesaler and those who deal with wholesalers would be assured that he is not a convicted swindler and career criminal, but someone without criminal records.

Cost seg people and 1031 people predictably assure us that there's nothing to worry about.

Like if would be the same thing as then paying us monthly and we just have extra assurance that the money is there?

Despite what others are saying here I can assure you that rent payments are NOT guaranteed and I can assure you they aren't guaranteed to be on time either.