Once you go above $125k/unit you start to get into the high end areas that won't have very good rent/price ratios and are under the 1% rule mark for turnkey stuff.Neighborhood wise in the city the "East End" is where the most expensive real estate is since that's where the universities and a lot of the hospitals are located.

I do see the language in the PPM that would allow us to vote the manager out.

Following, STR for Disney and new Universal Epic universe has me interested.

There are a few complexes very similar to this here near Boise State University.

This attracts ambitious individuals seeking to build the next big thing.World-Class Universities: California is home to some of the world's most prestigious universities, including Stanford, UC Berkeley, UCLA, and Caltech.

It’s less than 15 minutes by car from two major universities (Towson & Morgan) and just a 7-minute walk from a shuttle that services both campuses.I plan to rent the property by the room, targeting mainly college students due to its proximity to the schools.

University of Kentucky and Lexington-Fayette Urban County Government Land Swap: In 2018, the University of Kentucky exchanged 250 acres near its Coldstream Research Campus for control of several important roads in and around campus, contributing to economic development opportunities and improved urban planning. 

Running new electrical or plumbing will, along with new framing.The IRC code is kinda universal and most municipalities just follow along nowadays....

With a budget of $300K-$400K, you could potentially find single-family homes or small multi-units in those areas.I'd recommend researching rental demand near universities like Duke or NC State or even checking out neighborhoods with strong job growth near tech hubs.

Say I took a gap year and house-hacked a duplex in and around Austin (probably outside Austin) in my hometown for the gap year, and then I left and rented out both sides while in university.