So is this just as simple as showing how much the property makes or do they also look at personal debt to income, credit score, reserves etc as well.

It's all common sense stuff you might as well just watch a 10 min youtube video and be on your merry way

This could be happening to you as well. 

I'm here in Toledo and have my rentals here as well.

Campus housing has been under tremendous headwinds for the last 4 years.These properties were sold with extremely aggressively optimistic projections, as well as a price that represented a significant premium to fair market value.So sorry to hear about your investment.

If you are ultimately looking for a mostly hands off solution you have options there as well with single family turnkey.

What Brand and color paint would you guys suggest?

For me, the permitting process with Delta went well.

My client's have been happy with the draw process and response times as well.

I think tax benefits should be secondary to buying something that would work well as a STR.I would recommend you consult a tax professional to see what possible tax benefits you could receive from buying this STR.