Just keep in mind this is a typically one and done type of financing as it requires owner occupancy.Neighborhood quality is crucial and cannot be overstated.

We manage a lot of properties in C class areas, there is money to be made, but you need a quality asset,  a great screening system, and you need to be able to realistically quantify the risk. 

There's also a very underappreciated fund that will be a distant 4th but likely the best of quality.

We prefer to handle this because tenants often don’t find high-quality replacements on their own.In our market, we usually need a 30-60 day notice prior to move-out to fill the unit.

Flipping isn't too worrisome for me because I know in times like these I just need to make sure my quality is there and that my pricing is a little more aggressive to keep the project moving.

Sharing profits with your GC can give them extra incentive to do quality work and stay on schedule. but it's essential to have a clear agreement in place to avoid misunderstandings.

These are all more important determinants of tenant quality than a credit score.

Buy quality and you should be okay for the next 25+ years.

Renting by the room would increase your rental income, but you may sacrifice in your own quality of life having to manage so many tenants.

For background info, this is going to be a rental to students at a local grad school who will prioritize function over aesthetic.