I am aware of companies like Pad Split, but would prefer to have a more traditional company overseeing the day to day since I am out of state the majority of the year.

Op ex ratio may end up being more like 45% or perhaps 40% with newer high quality construction.

Hope you're able to connect with Jeff as well!

I'm sure how far Lake Monroe if from the University but I would also look into the amount of STRs in that as well.  

@Asher M.Possible, yes but like your lender pointed out it's going to be difficult to pass the self-sufficiency test (SST) for a legal 3-4 unit property.

Saul, Phoenix and Vegas are popular markets, but I’m not sure they’ll actually cash flow well with today’s prices and interest rates.

Sounds like he was feeding you a line of garbage. 

I know this is an unpopular opinion around here that you won’t see on the front page of the daily BiggerPockets newsletter, but it’s the truth It seems that you probably connect with David Green's podcast pretty well.

I too would like the 411!

As Shawn mentioned above insurance is going to be a HUGE deal in Gainesville as well as HOA's.