While I don’t typically work with real estate agents to find deals, I do collaborate with other professionals throughout the process.

I researched commercial construction careers, and found a construction degree is typically required.

They don't typically throw parties there like they would at a fraternity house.

Also the idea that occupying a 'piece' or 'portion' of property allows for AP is flawed.

It is typically lower than cash-on-cash and you can put it somewhere around 6% conservatively.

@Matthew Drouin had a great reply:"Typically 50% of revenue is going to go right to operating expenses on small multi family. 

For example, a buyer putting 20% down on a $500k home would pay around $500k in interest over the 30-year life of a typical mortgage at a rate around 6.5%.

Condo's are usually on the cheaper end of cost for appraisal reports, typically not $750 (but if it's a high end condo or in an area with there's some complexity, the fee can reflect that). 

The profile of the typical Houston traveler is someone coming in for work.

These properties typically turn over once a year as they are mostly student rentals.