I think furnished co-living/pad split would be a combination of both.I have the students find their roommates as I do not want to be in the “roommate finding “ business and I don’t have any house rules as they rent it as a group.

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

A good general starting point IMO is to look at what is expected for the kind of rental you are creating in your market.

This confluence of factors has created a perfect storm, leading to the increased foreclosure rates witnessed in the market.Opportunities Amidst ChallengesWhile the rise in foreclosures spells trouble for many in the CRE market, it also opens doors to unique opportunities for savvy investors and developers.

Should I put down 20% as a general rule?

You guys put that stuff to me looking to buy my properties, I’d try to politely laugh you away…What’s supposed to be rule#1 in trying to do “creative deals” is finding a person with a problem that can’t be solved with the traditional sale, and solving it.  

You can create an LLC in the State of Florida online for $135 just visit sunbiz.org. you can then use a title company or get a quit claim deed online and record it with the county government where your property is located.

After 12 full months, the 'life happens' rule applies and you can rent it. 

Specific Business License: If I create an LLC specifically for the property management side of things, can I obtain a specific business license for this?

Usually in MF the strategy is to create equity, by adding a room, improvements etc.