Once again, a brand new high-end (GE Profile model) DW#3 - One of the water heaters went out and within a couple days it was fixed (new thermostat)My co-pay was $85 each for all three of the above.....for about $3000+ worth of product and labor.

The tenant pool is much better and they go up more in value.

Usually they call the handyman first if they have a problem like no heat or a water leak or something.

One unit is occupied, tenants are month-to-month, tenants pay for all utilities, except water.

Much easier to do business there in terms of regulation but harder to come by a reliable cleaning/handyman/PMteam and smaller pool of contractors.You need to decide what is important to you.

A successful AirBNB will blow the returns on student housing out of the water.

There’s also new water park being built 5 minutes away.

Trying to manage this yourself is basically an open invitation for pretty big problems (e.g. break-ins/vandalism, frozen pipes/water damage, etc.) -- failing to hire a property manager in an effort to save some $$$ when you're not local AND you're not intimately familiar with the market is almost always a penny-wise, pound-foolish move.

And I have never had any major CAPEX expense, like we usually have here in the USA (HVAC, water heater or Roof).

You would probably get more bang for your $10K with a hot tub and a used pool table.