When can we expect deal analysis to be rolled out?  

When I see deals that do pencil for an investor, the LTV is 60% or less (I deal with mostly retail and industrial). 

The property is located near two colleges, so I’m focusing on student tenants and planning for 12-month lease terms.Do you have any tips or advice for renting by the room?

@Zachary Deal got it!

Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.

You'll pay a higher rate and may need to have more of your own money in the deal in case of unexpected repairs. 

I'd say start the process of securing your HELOC if you havn't done so and spend time analyzing deals and determining what type of investor you are looking to be. 

What made you interested in investing in this type of deal?

I had a good relationship with the listing agent and was able to structure a below value deal (beating out iBuyers and other investor offers).

This approach does not work on every deal, but if they are doing 1 out of 3-5 deals like this, it really helps the fix & flipper to develop long term wealth, rather than just chasing the next deal for chunks of money.