The property location, the condition, and the type of students that the property attracts would all go into that.

Year-round road access can also vary, with some parcels only accessible seasonally.Market Trends: The Fairbanks real estate market is competitive, but when it comes to land it's not very competitive and the prices are still relatively affordable compared to other states, making it an attractive option for investors or builders.

And a refinance will have fees attached to it which makes this even less attractive.3) Just because you are not a professional test doesn’t mean you can’t add value.

Im curious how much this would attract finding a tenant. or how much rent i can raise by installing it

SFR is much more difficult because of taxes, purchase price and rent generate but if you are open minded to a rent by room strategy or mid term rental strategy SFR can look more attractive.  

The best way to have a reliable tenant in your property is to:Buy a property that attracts a tenant segment with a high concentration of reliable people.Work with a property manager who can consistently select reliable tenants.

They tend to have lower entry costs and attract families and retirees looking for more space and affordability.

This approach attracts renters due to lower interest rates.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

Logan if you end up pricing $75K on this one, definitely get in touch with me since a 15% return is very attractive for our private equity fund acquisition.