After listening to these, I realise we got a bit lucky. 

However this put me out of my comfort zone and made me realise you can achieve many things if you are forced to and don't give up.

My LLC is set up in Arkansas because that's where I was originally planning to invest, but at the moment I'm trying a few other markets.Thanks for the link to the Aussie forum, I hadn't realised that was there; following now.  

What we have quickly realised is that local knowledge and talent would be a huge plus ...

Welcome to BP Angel, this is not a test, you do realise where Willowbrook is right?

@Jeremy Lamb My first choice would be to incorporate the space into an existing apartment - especially if it allowed for the realisation of a second bedroom.

Once you realise that student properties live hard, yet you resist the temptation to use the cheapest of materials {which is the status quo for student housing here}, then you will have a different product.  

Then you wonder with that kind of down payment, maybe it makes more sense to invest in real estate elswhere...Coming from a pure cash-flow investing environment like Japan, with very little to no capital growth (which is fine with me, I prefer high and reliable income), I still struggle to wrap my head around the fact that so many people will bet so much money on virtually unknown speculation moves with little to nil income until realisation can occur (if at all) 3, 7, 10 or 15 years down the track (or not) - particularly after the last few years of financial roller coaster...can anyone explain this rationale to me?

@Alexandra King Once you realise that 'Wholesalers' (such as your potential self) are dealing in "Contracts" rather than "Real Property", it will help you sleep easier at night. 

I realised so much information I have gathered immediately became insync.