My only tip is to stay on top of the market rents in your area.

This was found off-market through a wholesaler.

There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.

A manager will roughly cost $100-$150 a month to take over a unit (it could be more or less in your market) and manage the units.

This is effectively legislation to open up the market to new prospects. 

However, even though every house, market, and buyer may be different, these few design elements work literally anywhere.If you have double sinks, use double mirrors and a vanity light above each mirror!

I understand they may do up to 30% actual real estate, mfh mainly.That is a higher risk IMO, especially in this market. 

Right now just working on market knowledge in my college town.

Ensure the property’s price aligns with market trends, and work with a local realtor to help with due diligence and negotiation.Good luck!

Study the market.