Campus housing has been under tremendous headwinds for the last 4 years.These properties were sold with extremely aggressively optimistic projections, as well as a price that represented a significant premium to fair market value.So sorry to hear about your investment.

Rents are at market and I have a mid-term rental in 1 unit.

easy to build, rent, refinance repeat. might not be your market. look at the underwriting model. we underwrite every deal not only with fresh comparable but market economics change. land costs go up or down, construction costs go up or down, design modifications improve the property, comp sets can get more favorable or less favorable.

The best strategy really depends on your goals, risk tolerance, and your market conditions.

In my market - new build duplexes dont cash flow well but are typically a great 5-10 year investment. 

I have been in the STR market for the last 13 years.

The best course of action is talking to so many sellers through your marketing that you find the ones that are truly motivated at the price you are willing to buy their property at..

Quote from @Brandon Croucier: That’s a killer loan if they are actually offering that.Seems extremely below market value as even primary mortgages are higher than this right now.I would beware of a bait & switch on this. 

DFW is an amazing market.

We are in the greater Sacramento area in California. .30 acresDuplex: 1/1 ~700 sqft rents for $1,950 Studio ~400 sqft market rents for 1,700.