The interest rates and terms seem pretty attractive.

Is it near a college, hospital, or something else that attracts certain tenants?).

(Other rooms too I’m sure) The options may not be as attractive and appealing on a flip as we see them for our apartments but I know our tenants love having the $35/month electric bills once we get done installing the LED fixtures throughout all the units we rehab.

Just looking for someone’s expertise if this would be better to rent long term, as this area seems to attract young families or would we be able to rent more mid-term.

This could help generate additional income and attract a broader range of tenants.3.Partner with a nonprofit organization: Some nonprofit organizations specialize in affordable housing development and may be interested in partnering with you on this project.

If your market is 10% vacancy, you should be under 5% by providing a better product and attracting better tenants. 

Focus on Resident Experience: New investors are investing in amenities, infrastructure, and overall community management improvements to attract and retain residents.3.

It sounds like you may have a reason for citing that number, I'd recommend that you work on articulating what the real underlying reason is.I have found that entry level housing, the type that attracts families that are moving up from apartments, leads to great long term tenants.

Use a policy's cash value to provide hard money loans to other investors, earning attractive returns while maintaining control over your assets.

Quote from @Liam Kingston: If the area's attracting new folks and you're eyeing potential, mixed use could be a winner, especially with the school district's appeal.