But that market has gotten so much hype and publicity as a great BRRRR city that it's dry right now and I am actively setting up market number 2 but I get to take with me the lessons I learned building market 1.It's trial and error, it's trust but verify, it's motivating the game pieces in the market: the agents, the GCs, the wholesalers. 

. - I totally agree with you on the location piece and that makes this tough.This isn't just about cash flow but a seemingly unique and great oppty for taking $500k of tax free Sec121 dollars off the table.Curious if you see the the alternative strategy to be : - to hold the SFH long enough for appreciation + CF to cover the $500k + taxes on those capital gains if selling?

What are the essential pieces of furniture and amenities I should include to make the unit attractive and functional for college students?

I have a management company for my other pieces of real estate though and thought I could use it for the same purpose with the hotel and that would provide a much more durable case.

And the hardwood options are basically plywood cabinets, not like a solid piece of wood cut from a tree.

Please see this response in the best of light.While, I will take the feedback in your message that I think is helpful, I find it difficult to take the whole thing seriously (but noting that there are some good pieces of feedback in your reply for sure). 

There is a distinct advantage of having local management (whether you or a company is managing).

What you really want is an Asset Management Limited Partnership acting as a (COP) which owns the LLC in any State, which in turn owns a piece of property.

As a new investor, I have reached out to several other investors looking for guidance, one of the best pieces of advice that I received was from another BP user.

We've made plenty of mistakes along the way given the nature of development and mixing that with hundreds of hands that become a part of the process with construction but reality is....at some point every piece of real estate was a construction project at one point.