I am targeting college students.

Monetary inflation:The Federal Reserve (Fed) can increase the money supply by changing the target fed funds rate, buying Treasury securities or MBS (Mtg backed securities) to lower rates. increasing the money supply, which banks can then lend to consumers and businesses.Debt monetization.

As Jay mentioned, massive power requirement that will not get cheaper in time, and along with large water requirements for cooling the rack systems, so targeting locations that provides these necessities is key.

so, whatever the comps that you need to target are - you go for thosein terms of getting desired rents, certainly finishes will come into play a little bitand then of course you want a safe, high quality rentalone thing to note that is not often pointed out is that, with a BRRRR, the higher you boost the ARV, the higher your mortgage payment is going to be and the lower your cash flowso a few things to consider herehope this helps

These are the properties you need to buy if you want a reliable income.Once you've identified your target segment, purchase properties that match their housing requirements.

This was also significantly easier to get a construction loan. 

Make sure to study the buyer your trying to target...but you already know that.Hope that helps 

If your not "poor", you will invariably be somebody's "rich" and thus, a target for there woe's. 

Hard money is easier to get, but the deal has to be a home run.

Window units can be a sufficient workaround, but they may not be as appealing to potential tenants who are used to the comfort and efficiency of central AC.However, whether or not this is a deal breaker really depends on the type of tenants you’re targeting and the rental rates you plan to charge.