If you're not expecting this to appreciate (like if that university is decreasing in size or stagnant in its growth) I think this could still be a good deal, I would be willing to bet that you may be able to find something with for a lower ask that may need some love to get it back in shape.

Thanks for that.Great feedback on the 2/1% rule & bedroom size relating to vacancy rates. 

You would have to take into account the different unit sizes and market rent in your area for those size units. 

@Bayra Batchuluun it depends your location, project size, and budget.

Several similar size portfolios have come up in my market lately.

The richest person that I know drives a 12 year old mid sized SUV with no fancy features.

Are the loan sizes you'd be looking at above the lender's min loan size?

One of the jurisdictions has even rolled out the RED CARPET for my company, Life Size: Tiny Communities.The whole goal and mission of this is to retain attainability for people starting out or just anyone looking to live a life with less stuff, less debt and less worry.

I personally think a series LLC is excessive but it’s all about how risk tolerant you are.Also having a llc for a property management company might just complicate things unless you have a decent size portfolio and are charging overhead and profit on repairs.As far as taking distributions, whether you take a distribution from one LLC or the other shouldn’t matter, but I’m an accountant so it’s easy for me to track.That said, from my understanding having a series llc like that really puts an emphasis on separate financial statements which it may be easier to structure distributions from one entity if you don’t have an accounting background.Either way, taxes don’t sound fun lol.

I've successfully managed multi million dollar assets for investors of unit sizes from 250-980 units within multifamily.