Since our residents are traveling "light" to a furnished property, their coverage only costs a few bucks per month. 

Second question is, if we don't live in the city we will invest in, we understand we will have to be traveling often, but who could be a good person to check in on the construction so we don't have to go every week?

The difference is profound in so many ways when you travel across the border!

Since we're In a college town, a majority of our travel demand revolves around the Texas A&M University and the university's events.

Since you plan to travel often, focusing on systems and building a reliable team: agent, lender, property manager, and contractor. 

My recommendation would be to look into hospitals nearby and try to market to them to be an option for traveling nurses also. 

I also know a few property managers I can recommend who are responsive and experienced with investors.Let me know when you finalize your travel dates—I’d love to meet up while you’re in town and show you a few options!

Most are traveling professionals needing an alternative to a thousand dollar a week hotels.

We love traveling (next up: Trump's inauguration in January).- Our first investment: A house in Detroit via InvesteerAmerika (handling resales, property management connections, and setup).

Many investors are successfully renting out their ADUs to short term travelers.