You may want to look at AirDNA to get analytics on competition, investability, occupancy rates, etc.

I think this strategy can still work if you have an ADU or maybe a separate living area with private entrance.I think a competitive price for travel nurses would range between $1600-2k per month.

If there's competition for the property, you might need to provide a price first and renegotiate later, especially if you have a contingency for well and septic issues.Step 4: Fixing the SystemsAfter securing the property, we start the permitting process for well and septic repairs immediately.

That tells you were your competition is at and will help you keep the listing within a reasonable range. 

Very reliable and flexible rates are often more competitive then brokerage lenders or banks.

But in the competitive Los Angeles market, I had to put up additional cash on top of the deal in order to have my loan taken seriously.

Get pre-approved for a mortgage, conduct a thorough inspection, and be patient in the competitive LA market.Good luck!

Check out their stats page on Wichita so you can see who is searching, how many units are available, pricing and then do a property search to see what the competition looks like and how full their calendars are. https://www.furnishedfinder.com/stats?

I imagine there are a lot of 3/2 that probably sleep 8-10 and if you can offer a slightly larger bed count and a cool game room/theme room you can differentiate yourself a bit from your competition and get some extra revenue through slightly higher rate (extra person fees, etc) as well as an overall higher occupancy. 

Most great markets are competitive and you are generally taking a risk trying to jump in a 'trendy' market.