The type of rooms students would need or skilled temporary workers, not drug addicts and alcoholics. 

Would it be helpful to connect on a call and talk through details of this property and laon types? 

REI type.  

Unless this is some type of homerun deal, which I assume it isn't if the mortgage is upside down, then why bother?

What made you interested in investing in this type of deal?

@Zach Howard there are a few loan types here in the states for foreign nationals, some that require personal income verification and others that do not.

As someone actively investing in STRs and looking to scale, this raises some concerns for me about the long-term viability of this strategy.I understand the tension between hotels and STRs, especially in popular tourist destinations, but I’m curious:How real is this threat?

Going DIY and self-managing this type of asset from another state may not be an easy task for such a building and neighborhood, it needs more attention (and probably capital).Try an unconventional approach.

However, I have found trails of information on the internet and FHA-type websites indicating if you relocate due to work, that you are not bound by the 1-year rule once you begin at your new place of employment.

If you don't/won't have WiFi then you should either consider a SimpliSafe system that you can move around from house to house, or some type of Trail cameras like hunters use for identifying game areas.