I have over 18+ years in the REI game and the financing side is my expertise.  

My team currently has multiple projects underway throughout the Salt Lake Valley.

Quote from @Logan Williams: As a former student at the U of A, big rival games, homecoming, and greek life family weekends are a huge influx of people looking for lodging, with only a few hotels in close proximity to the University, STR's that are attractive can be few and far between.

I did see it and scheduled the sprinkler installation but heard they are now requiring additional improvements that weren't originally discussed like multiple egresses, changes to pool room doors etc.   

Nice thing here is property maintenance/expenses is turned over to the tenant/owner and you're out of the landlord game, but still get monthly income.  

Also the distressed seller is selling for 110k and the prop is valued between 170-200k on multiple sites.

Meaning, automatically turn on power when a tenant leaves...Or, is this to difficult with multiple power options.

How do you balance the wants vs. needs game while still enjoying life today?

If you scroll through zillow you will quickly see multiples of these designs.

Where I would ultimately like to end up is with multiple properties that I rent out, even on an international level, as I love to travel.In order to achieve my goal: What strategies could you all recommend?