The accuracy is surprisingly high and a bit saddening.

However, there aren't any comps of new construction in the area beyond land sales on brand new neighborhoods, and existing sales of older 4 / 2.5s are in the high 200s.

I highly suggest getting to some local meetup groups...here is BPs list:  https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a full list of the chicago meetups that I can share with you too if that'd be helpful.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

The current costs of construction are so high that you can just find more bang for your buck buying as opposed to building.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

The reason for this is the university will likely want to expand & your street could have a high potential of being bought out by the university.

With rates high, I don't see much changing in the market as buyers struggle to afford a mortgage. 

It takes more effort and there's more risk involved (therefor more reward), but it just depends on your goals and how you want to get there.As far as focusing on areas with high demand for travel nurses, that's just 1 tenant-type of many in a changing landscape.

Leveraging a property in todays environment of high interest rates will not get you cash flowing.