It is a 3 bedroom with 1 bathroom. 1 bathroom I don't believe will be attractive to potential students.

For example look at the zip code you are building in, for a recent new build in columbus that we do since miami is expensive we pulled all these stats: Zip Code Statistics: 43206Housing Units Delivered: 8 Average Sale Price: 642,875Median Sale Price: 505,000Average Price Per Sq Ft: $316.40Average Square Feet: 2172 Sq FtAverage Bedrooms: 3.25Average Bathrooms: 2.75Average Days on Market: 138We design the house around this, around the lot, around the neighborhood, from scratch and try to pick a long term build design that will do well.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

Here’s the scoop on the property:Property Details:Built in 2021: Modern and low-maintenance.4 Bedrooms (Convertible to 5): Flexible layout.2 Bathrooms: Great for families or multiple tenants.Turnkey Rental or Primary Home: Ready for investors or as a family home.Location: Just 10 minutes from the University of Riverside.Vacant: Ready to move in right awayMortgage: VA loan @2.5 percent interest rateWhat I’m Looking For:Realtor Recommendations: I need a realtor who knows their stuff with creative financing—seller financing, lease-to-own, etc.

However, the upstairs bathrooms aren't remodeled and they didn't say anything about that. 

(This is presuming your basement doesn't have all the other necessary things like a kitchen, bathroom, tub/shower, own entry, etc for a renter?)

Bathrooms and Kitchen remodeling will add the most value for an appraisal.

BRRRR: can add a modular bedroom/bathroom/pool/hot tub to rehab, rent, refinance, and repeatIf I do this right, I think I can still use a 5% conventional loan, although I might be wrong about that? 

I should also mention that properties with an ocean view in my condominium have sold between $1.2m-1.3m but also have less square footage and less bedrooms and bathrooms.

. - If you're doing kitchen cabinets, do you want the bathroom vanity to match or does it also need replacing?