I personally am in a college town and my target audience tends to be single travelers, and or couple(s) traveling to visit campus or visit their student at school.. so for me in my market the 1 bedroom / studio units are the best ROI in terms of occupancy and revenue per sqft, I believe. 3) I’d open up a convo with a few local hosts and see what their experiences have been and chat with them about their journey.

Our major focus has been developing two larger (for us 220/365 units) locations in a larger town and we haven't looked back at our original locations. 

I have a local agent in town that I have kept in touch with since we moved here. 

And then hold.To me, I'd suggest you look at smaller towns that have good schools and are close to cities so that you can get houses closer to that 200k or less mark yet still have a shot at decent appreciation and decent rental increases over time.

Engineering , permits , stormwater management system , clearing , reforestation fee , sediment control , and landscape bond , all this would run you around $175K .

. ** I’d ask for their Airbnb or VRBO profile link to review their reviews, years hosting, etc. to ensure it lines up with what they’re telling you*2.) with you guys being out of town, I’d make positive they have a team of maintenance guys for whenever something along the lines pop up.

Also, you do not control it inside a syndication, it's decided by your syndicator.And there're several other complications we're not discussing here.

For something like a mailed money order, I use the post mark because its a bright line and within the tenants control if they take it to the post office themselves. 

I called 4 other companies in town and they all quoted 8-11k.

Don't worry about that as there are different ways to get to town and different companies might use different terminology.Work with a knowledgeable agent that talks your through your risks and don't try to conceal what you're actually doing.