Is it fairly priced for the size, location, quality, and other factors?

Long-Term Rental Rules: Even though my properties are long-term rentals, are there any tax benefits I might be missing if I occasionally rent them short-term?

Make sure you know the rules in the state where the property is located.

No way we can get additional rent to justify this effort.

Also make sure to build on a property located in a desirable location with larger pop density and if holding for rentals, charge median rent for that market as lenders want to see a bigger pool of buyers/renters available to occupy/sell. 

I suggest doing your own research for data and assumptions (like rent, vacancy, appreciation/depreciation, etc.) and not rely on AI. 

If you buy good properties in good locations you can do fine in Buffalo. 

Also, sometimes they travel with their family so it may be beneficial to rent it out by the unit and not by the room. 

I was trying to figure out how to raise capital so that I could build to rent a 50-75 apartment unit in the next 5 years.

Because for a certain type renter it’s just SO easy to continue renting fully furnished rather than having to spend $20-40k on furniture; come up with a down payment on a house purchase; and or worry about repairs and maintenance.