I went through your other posts here on biggerpockets, it appears that you have tax related questions throughout the year such as selling a primary residence that you lived in less than 2 years.You may want to see if you are eligible to claim partial exemption.When selecting an accountant, make sure you select someone who will be able to answer your questions.

A property just popped up FINALLY close to campus, would be perfect for our junior (and OUR FRESHMAN who can live off campus May 2025).BOTH sides of the duplex are leased until May 2025. 

What type of residents live in it currently? 

My thoughts below are just as a person who lived in Spain for 5 months without buying any properties in the area.Based on my initial views, it is hard to make the numbers work in Spain on a LTR.

.- Walk the neighborhood and knock the doors, the conversion is greater but you have to be there.

I live and invest in Idaho and there are a couple laws on the books that make it landlord friendly and keep me investing here;-HOAs may not regulate property use anywhere in the state.

Does anyone know if a tenant living in a non-conforming basement unit can get renter's insurance?

Lots of newbies that have come onto the scene in the last 3-4 years during an extreme bull market, who have never lived through a bear market.

Living in Raleigh, the reputation of those areas isn't always the best.

There will always be more risk with something vacant, you're probably going to be counting on one person as your "eyes" on the project (or at least for "security", overall)- and the more hands on/ closer they live / able to visit site frequently, the better. whether that is your gc, a project or property manager, or your handyman/even yard maintenance guy, neighboring teenager, or whoever- this person is key