I would suggest making some calls.

Purchase price: $72,000 Cash invested: $107,600 Case Study: Cockroaches to Cash FlowProperty AcquisitionI found this property through MLS.

I suggest doing your own research for data and assumptions (like rent, vacancy, appreciation/depreciation, etc.) and not rely on AI. 

So if your interest payment is $1000 then the servicer automatically ACH debits your account that plus the servicing fee (assuming you set up automatic payments as @Christian Ehlers suggests).

Use Automated Follow-Ups to Build RelationshipsMost deals aren’t closed on the first contact, which is why follow-ups are essential.Example Workflow:Day 1: Send a thank-you email after a seller contacts you.Day 3: Share a case study of a seller you helped.Day 7: Send a friendly reminder with a call-to-action like “Let’s schedule a quick call to discuss your options.”Pro Tip: Mix email and SMS follow-ups to keep the conversation warm.Why It Works:Automation saves you time while nurturing leads until they’re ready to sell.3.

Without knowing the specifics of the Providence market, I would suggest researching the locations of other student housing providers (ex: https://the02908club.com/).

Quote from @Abhishek Wahi: Hi All,Looking for a suggestion, is Plymouth Michigan a good area to invest in a Rental Property? 

However if you aren't doing mass scale, we definitely suggest letting the contractor handle material purchasing.As long as the client has all of the materials at the jobsite, place them where they go, they are all the correct type/fit and there are all of the misc parts (adapters/special hardware/etc) needed to do the install.

I’d also love market suggestions and ideas regarding how to connect with others in the REI space outside of the events that BP holds.

I would suggest buying without value add only if you were going to keep the property at least 10 years. https://www.neighborhoodscout.com/ca/san-diego/real-estateI think your plan to rent in San Diego is likely the correct choice especially as you get to know the area.