What I learned is that student housing doesn't operate like multi-family, even thought technically it is. 2 different animals.

Mostly I find parks that are owner operated and the owners are getting ready to retire.

Are there specific tools or systems that you recommend for remote management that could help streamline operations?

If you plan to operate the entire business, that will be work.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

If you don’t have a contractor yet...put the brakes on your whole operation until you have a great contractor and a backup as well.

A Google search also didn't prove particularily promising.I am taking over managing a group of student rental properties that my parents own and (very, very informally) operate in the Bay Area, California.

Did you also include financials/ POF for the down payment/ credit report/ info on yourself such as your experience level operating rentals, to give the seller more peace of mind to lend to you?

Unlike e-commerce or social media platforms, where data privacy issues are more visible, the real estate sector often operates behind the scenes in this space.

Remember, C/D located properties generally appraise once improved for significantly more than they will actually sell in an arms length transaction so you can go to many C/D neighborhoods, successfully complete the BRRRR method but deal with  all of the operational difficulties of the asset class and then fail to achieve a sale figure remotely close to the favorable appraisal  that allowed for the proceeds to be returned through the refinance.