I recently analyzed an asset of vacation cabins - where the seller would earn 23% ROI over a 5 year term.   

Hi AnnaTwo books that you may want to add for your library:1.Short -term rental long -term wealth by Avery Carl2.

Some a short-term loan can also help you with DSCR loans with fewer regs and guidelines making your loan process much simpler.

My name is Rami, and I’m a short-term investor doing business in Texas, with a strong focus on the Dallas market.

Do you get nervous about the long-term commitment of a 14- to 16-month lease?

Exit StrategyResale Planning: Research market trends for optimal selling timing.Long-Term Investment: Consider retaining the property as a rental post-graduation.Marketability: Choose a property with appeal to future students or young professionals.By following these steps, you can make a well-informed decision and ensure a successful investment that benefits both you and your student during their college years and beyond.Peter Derry PHD Properties 

Using a HELOC or home equity loan on your personal home could be a good option, especially if you can secure a low interest rate and manageable terms.

If you do decide to start flipping homes- as a new investor you can either self finance with all cash, or you can contact a commercial lender like myself and expect terms to be 75-80% of the purchase price with 100% of the rehab financed through a draw.

I completely agree that starting early is key to long-term success.

Without these connections, you’re likely to spend more time and money finding reliable help.Enforcing Lease TermsProactively managing tenants and enforcing lease terms reduces the risk of evictions and other issues.