Now, the owner can vet the operator one time, offload routine maintence to the operator, and receive the rent they've agreed to in the lease, possibly for years to come.

The only option students have is about 20-30 miles away.

You make more when it's uneven and you can live in the smaller unit.Focus on the asset and the area, as long as you can withstand net negative or breakeven cashflow, and you will gain in appreciation.

$3/day for the fit year and then they’re free?

When I called the landlord (the contact she provided), the landlord was all over the place too.

@Li Li, Since the 1031 exchange will allow you to move into any type of real estate anywhere in the country. 

The more experienced ones know how to drag out the eviction process and milk the landlord for tens of thousands or even extort you to pay them to move out.

Starting with the Buy & Hold strategy is a solid.

With the high housing market in the past few years, house-hacking and living "rent free" is very tough almost everywhere in the country, especially if you are planning on putting <20% down (higher mortgage payments + PMI).

Welcome to the show.