@Anthony Wick Gives me plenty of material to choose from!

@Brandon MetzYou can put in a thermostat that limits the setting to 72 degrees or what you choose.  

I was afraid I was going to have to choose between sales and investing.

You choose one OR the other, not both, and the choice is something that needs professional help from real estate tax experts.

However, my thoughts are that if you're going to spend a bunch of money on this, choose an option that results in individually controlled and metered units.

I'm wondering if you guys have any experience with investing in TN, and if you dont like it, tell me why and where you choose to invest instead.

If you choose to do this as apartments, it could be a good investment structure for your potential investors.

If they don't want to, when do they plan on selling-why they choose to sell without an agent (if FSBO lead)-why they think their home didn't sell (expired lead)-* anything else that would help you understand the lead's situation.Once you've gathered this information, you'll know more about that lead than most agents/investors that are calling them.

You want to be sure the lender you choose has navigated them before.Can help you strategize the lending piece for this purchase AND purchases in the futureIs an investor themselvesGetting a loan as a college student, or someone fresh out of college can be tricky.

@Kyle Curtin I'm speaking from a completely different market prospective (OKC is VERY insulated to recession so holding rent rates and property value through even a steep economic downturn is pretty safe to bet on) but if I had to choose between building equity myself via a SFH owner ocupant mortgage or not building equity at all via renting or utilizing a tenant to help pay down my mortgage,  I would absolutely utilize a tenant.