I would also check city rules here too, I know some cities in Colorado limit how early we can start loud work, while this is rarely enforced, you could be accused of trying to squeeze out the other tenants by being having the construction noise be a nuisance for them.

I'm constantly self aware of my noise level, behavior, presentation, image, time spent home versus away because I'm paying attention to these things of my tenant. 

REI isn't rocket science, anyone can do it it just takes a lot of grinding and hard work.

I will say STR PM deal with a lot, often at inopportune times such as the 3AM call for noise violations (so I am not implying they do not deserve their high fees).We self manage the LTRs (Pt Loma is a hybrid and outlier to our LTRs).  

Good luck...Keep Grinding!! 

He doesn't have a secured lien, but I thought he still has a lien position he could make noise after close.

Most large apartment owners I know like to keep occupancy high and turnover low than to keep grinding out units to charge top market rents.

That got me thinking about what effect something like that would have on the ability to rent out units considering the potential for noise.  

My second thought was how much I would hate to be across from a school if I were renting it - the noise level and the periods of high traffic in the area would be downsides I'd be sure to mention in a review.My advice would be: if you want to move forward with it, look into the local laws re: convicted sex offenders to make sure you can conform to them, and prominently disclose in your listing that you're across from a school.  

I have a strong background in Finance/Equity investing, but have found the work tedious and believe that RE investing will lead me to financial freedom and more importantly help me avoid the daily grind of the corporate world.