This is typically due to a high principal and low median rent within the area or its remote and I believe it may be a struggle to find tenants.

I highly recommend finding some events to go to on meetups.com/Facebook/your local REIA website.

The issue, of course, is that renting close to a college/university is highly seasonal in that students want housing mostly for the beginning of the fall semester. 

Any recommendations from out-of-state investors like myself would be highly highly appreciated.

The three main qualifications that make a cabinet distributor excel is Price, Service, and Quality.

I’ve been spending time there since I was a child and it feels like a great place, (except for the high crime and drug use, areas which I would never invest in…).

There is some accounting included, like owner statements and keeping track of all the important numbers for a STR property...i.e. occupancy, revenue, RevPAR, etc.As for guidebooks I highly recommend going on Etsy and finding templates for hard copies and templates for a digital copy.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

We usually don't analyze residential properties (1-4) with Cap Rate...but your price points are quite high, so maybe those are 5+ units?...

Lots of lenders are pulling back on the refinances because of some markets declining and rates being so high.