I know other student rental investors that do not require guarantors because of the additional administrative work and they say that the social pressure of not paying rent is enough insurance.Low Vacancy - LOCATION is everything with student rentals.

Talking to Planning, Building & Safety and Public Works at the city. 

It has been suggested to call these people 1hr prior to the showing time to verify they still plan to come.

The best documentation in the world won't help you strategically plan how to use your 1031 opportunity if the QI isn't responsive to in a timely manner.Demonstrated experience and nationwide footprint I would toss out as the two most important criteria. 

As a newbie it would be wise to have a game plan in place before you start your journey.

What was your Plan?

There are pros and cons to each, but the way I see it, if you have a set strategy you plan on implementing over and over again, then you need to find a direct lender who specializes in that investing strategy.

Conservatively, I would plan on 12-18 months of lost rent (before rehab) and a signifcant amount of money/time to turn over the unit. 

WE plan on building a 2 bedroom home that we an AirBnB.https://viventum.com.mx/Our goal would be to visit the property twice a year (November and March) and rent it the remaining months. 

I live in NY, and plan to invest in FL.