Furnishings and UtensilsHowever, you should absolutely be prepared for higher turnover (students don't stay for years) and their lifestyle (being young and dumb as we all were) leads to more wear and tear. 

So I did at least stay within my risk tolerance - but of course hoped for better outcomes. 

Ana, to my knowledge, you won't qualify for a 1031 exchange unless you sell the property. 

I have a lot of RE knowledge to share and I am happy to share it with you.

They left tons of stuff (damaged / broken) for me to clean with tags on this stuff labeled "stays here" (broken computers, mattresses, box springs, an old broken dryer, etc) - indicating intentional.If I had an actual security deposit - I at least would have been able to cover some of the damages / unpaid rent. 

Estimated length of stay?

Continue to be patient and adaptable throughout the process, and as you have more knowledge and experience, change your standards or approach.

Expand your knowledge and connections in the real estate industry by attending networking events and building professional relationships.Make sure your short-term plans match up with your long-term objectives and consider looking at different markets with positive economic indicators, job growth, population growth, affordability, and rental demand.

I have to stay on top of the PM about communication with me and there’s even been months where they haven’t sent me a statement.

Make friends with someone in the planning department so you can stay in the know!