I am looking into my STR options but from what I have learned this is a overflowing market in the area and the vacancy's are increasing so I may look into mid term and long term only.

Some of the largest and most successful insurance companies in the world choose to only offer their products on a Non-Admitted basis.

Exit StrategyResale Planning: Research market trends for optimal selling timing.Long-Term Investment: Consider retaining the property as a rental post-graduation.Marketability: Choose a property with appeal to future students or young professionals.By following these steps, you can make a well-informed decision and ensure a successful investment that benefits both you and your student during their college years and beyond.Peter Derry PHD Properties 

Do you believe in it’s mid to long term growth potential?

I have read the book on long distance investing and still am not too confident to get started.

My only question is what took me so long to hire the bookkeeper?

There are a few that do not have any seasoning requirement on a cash out refinance as long was there was rehab completed on the property.

I think you're on the right track in terms of it's proximity to other MSA's.  

I personally think you can successfully market both your property management (PM) and buy/sell real estate services under one brand if you position them correctly.

With patience and a solid plan, you’ll be on your way to building a successful portfolio.Good luck!