If you have any insights to share on MTR supply vs demand or demand seasonality near these hospitals/areas, I would appreciate it.

Your ineptitude may amplify your losses:(You're also jumping to assumptions.We've had out-of-the-county investors that we could NOT legally send funds to because they hadn't supplied us with the IRS required documents - and they didn't respond to our numerous communications to get them.Once we obtained the proper documents, we sent them their funds - by the way, we did send monthly Owner Statements, so they had the info to see what was going on with their portfolio.So, that brings up another question - what information have they been sending you and when have they been communicating?

First, get your systems in place - automated messages, check-in/check-out experience, find a great cleaner, supplies, and make the place look nice and take great photos.

I always recommend investing in areas with strong underlying fundamentals: jobs, limited housing supply, desirability/ high demand, population growth/ net in-migration, affordability, etc.

We have one the State of Florida Real Estate Commission supplies but that is very long and cumbersome.

We never supply appliances.

People who weren't able to find student tenants when the new supply came online had to rent to area residents, which may not have fit their model. 

Utilities and supplies are additional expenses. 

On a trip to Carroll's Building Supplies in St.

On the supply side, you discover that most of the condos have been sold to the agent's clients who fell for the same pitch and so they will all be put on the rental market.