However, there are a few important details to consider.

0.5 Miles from campus is pretty far, considering the surrounding area of Temple.

When selling for sale by owner (FSBO), ensure all legal documentation is in order and consider consulting with a real estate professional or attorney to handle the lease transfer and legal aspects effectively.

@Leroy Kim Yes, this is something I very much consider.

@Charlie Martin Buying under an LLC offers liability protection and separates business finances, but it can complicate financing with higher rates and stricter terms, and lenders may still require a personal guarantee, impacting your DTI.For your first property, consider purchasing in your personal name for better loan terms and transferring it to an LLC later if needed, while using strong umbrella insurance to mitigate risk.

If you are trying to maximize space you may want to consider convertible sofas and/or one that has a pull out option.As far as material my preference would be a darker neutral color microfiber that would be easier to clean.Possibly most important is looking for one that is commercial grade for durability.

As long as you have some residential areas where RVs and Boats are a pain to park or not allowed at all you will have customers. 

I'm familiar with Avalon and Riverside and would like to know if there are any other good areas to consider that are safe and have good schools nearby.

I am barely looking at them because with my underwriting (that some would consider conservative), even properties below retail bleed cash.  

Considering all the factors in today's real estate market, how would you guys recommend investing this money?