Doubling up on deposits or requiring larger deposits might weed out some of the riskier tenants upfront, though it's not always a foolproof solution, especially in markets where affordable housing is tight.Regarding your point about double security deposits, you're absolutely right-this can be an effective strategy.

If she violates your notice and refuses to leave, I believe she will lose her voucher and her ability to afford another rental.

If you make an offer on a property that's in a price point of a house that would also attract an investor looking to build their portfolio where rents are in an affordable price point, you will get out bidded more often than everyone else because you need a cheaper house.

I do not have the time to look at everybody's videos and I can afford to pay someone for their time, experience and knowledge so I can get started and not make the same learning mistakes they did.

I am just struggling to figure out how I would afford the monthly interest expenses as construction on this type of project would take a ton of time and money.The building will be luxury student apartments which on my rough calculations can have realistically 60-65 apartments or 180-195 beds.

At 5 rental properties, you can more then afford it and it will save you time and headache, and even better could save you a lot more money! 

Plus, forming and dissolving LLCs is pretty affordable right now, so why take the unnecessary risk, right?

With years of experience in this unique market, I've had the pleasure of working with a variety of investors, helping them maximize their returns while providing unforgettable experiences for guests.The Poconos has seen tremendous growth in the vacation rental market, thanks to its year-round appeal, driving proximity to major cities, affordable property prices, and diverse attractions.

They have competitive STR policies and are much more affordable than proper insurance 

That means they don't have the financial means to afford your rental and are highly likely to default on the rent payment.I recommend you watch them like a hawk and start figuring out how to handle late payments, non-payment, and eviction immediately.