Typically reno scope/rents/insurance/etc. are very market-specific, so building your analysis muscle for your chosen market is important so that you go in with the best possible chance to make an educated choice on purchasing.

I can tell you that the OSU area is indeed a great choice for investment because of the high demand for rental properties and the limited vacancies.

A quick Google search for the Ashland, KY area only list a larger local company and I'm fairly certain they own all the properties they manage, or out of state companies that I'm not sure would manage quads (which is probably where I would start). 

DSCR lenders loan on the cash flow of the property more than your credit so they are often a good choice How fast can you save?

For example, if there's more smaller units on the OTAs then it can be a good indicator to purchase larger units for MTR since there's less inventory of larger units. 

So, if you’re looking for long-term growth, Columbus is worth a look.Cleveland is another solid choice with 3-7% appreciation and strong cash flow between 10-18%.

The National Retail Federation (NRF) reports declines of 6.5% in back-to-school spending and 7.9% for back-to-college, with shoppers focusing on frugal choices amid rising inflation concerns and an upcoming presidential election.During the pandemic, families spent more on school supplies and remote learning gear, but priorities have shifted to travel, dining, and entertainment.

These guys can be larger and clunky when it comes to appraisal turn times as well as overall communication.  

In most markets owning a B&B is a lifestyle choice.

And yes, the risk is that we're paying for the due diligence work up front, to potentially get denied in-front of the City Commissioners.What I will say is that entitling a 8-10 unit subdivision is the same amount of work and time as entitling a 50,100, 200+ unit subdivision, so it makes more sense to go larger.