I’ve been following much of the research you suggested, like inspecting the property and assessing comparable homes in the area.

Each property will have to be assessed individually to see what way or strategy works best. 

Older multifamily properties, like the one you’re considering from 1920, can be solid investments, but there are key areas to assess carefully.

For snowbirds we get requests from Airbnb but if you are not seeing many month long type of requests try FB marketplace.

After visiting the property and assessing its suitability for an ADU, I negotiated directly with the owner, emphasizing my plan to enhance the property’s value.

Additionally, it’s challenging to assess the demand for student housing in the area.

Sharing the potential challenges he might face, rather than discouraging him, allows him to assess whether he’s ready to tackle them, increasing his chance of success.We’re all here to help each other grow, right?

As soon as I got it, I reached out to the HOA management company with my deed and started paying my monthly assessments. 

There are "no income" loans in the marketplace. 20% down is required and rates are in the 9s.

When I advertise my rentals in NOVA I post on apartments.com, zillow, craigslist, and Facebook marketplace.