You don’t see this in syndication books because it’s not typically a syndication sponsor’s function.  

It tracks well with what I have heard from some Airbnb specific managers in my area and was so easy to use (the free functionality, I haven't messed around with the paid stuff).

Rotate the books between Personal Growth, Business, and Real EstateJoin a REIA group, greatlakesreia.com is the one I belong to. 

I have several SFR's that I manage using Cozy....I am happy with the functionality for my needs to this point.

The BEST way to protect yourself is to know the law, obey the law, ensure the property is safe and functional, and treat people honestly and fairly.2.

However, you very well could be sued for refusing to rent an upstairs unit to someone because YOU didn't believe they had the necessary mobility/functionality to live in an upstairs unit. 

I would take the time to clarify expectations in writing and also to make an agreement for what you all believe should happen if for any reason he is unwilling or unable to fulfill this function in the future. 

Appreciation is largely a function of time.

I've heard a lot of pro's and con's, and i just totally believe that this is a very good niche, assuming that students in my desired location rotate a lot quicker than other colleges.

While some of these buildings fails in high winds and huge snowloads, that's more of a function of engineering.