This is if you do all the management yourself, (basically buying yourself a part time job), ar good at marketing and interior design, and if your local government doesn’t flip the switch and ban STR or limit the ways you can use it. 

My estimate is you could get a total of 250 units on the same land with modern designing.

@Mandy Whittle We have worked with numerous churches to assist them with acquiring, financing, designing and building their facilities. 

This sounds like a good plan - sticking to the duplex or SFH for students is good too since most DSCR Lenders generally stay away from "student housing" but if you are looking to purchase a rental property that can easily be utilized to rent to any tenant (adult, family etc) including students, you should be OK

The problem is, as you have already discovered, you have to use one of their designated property managers. 

Hey, my wife and I own a variety of properties… warehouses, single family homes, self storage, commercial buildings, multifamily etc.
My son is turning 18 in December. He’s probably going to end up going to a trade s...

likely begs a lot of questions, but most definitely property rights, designations, city statutes compliance with state law, etc.

This isn't designed to be anything other than informative and/or inspirational to anyone on the fence about investing in real estate.April 19, 2023 my wife and I officially moved into our current primary residence.

My gf is very design savvy and has experience organizing homes. 

It serves as a designation for professionals actively involved in the oversight and operation of their rental portfolios.Summary of Requirements:To qualify for Real Estate Professional Status, investors must fulfill two key criteria:50% Rule: Allocate over 50% of all annual personal service hours to real property trades or businesses.750-Hour Threshold: Spend more than 750 hours materially participating in specified real property activities, including rental operations.Navigating these criteria demands meticulous attention to detail and a thorough understanding of IRS regulations.