If they can JV with a land owner who is not crazy and potentially litigious then that can be ideal, especially if they will be the ones to be the guarantor on the construction loan.

You need to start by determining what your annual gross income potential is. 

Lots more to this, but this is a potential structure.

Potentially my first deal!

--DB A DST or DST to 721 UPREIT is a potential option. 

And it will be harder to evict tenants if you have strict tenant laws which would potentially allow more damage to happen.

Assessing each lender's timeliness and quality of customer service is another benefit of prequalification.

Does anyone have suggestions on where I can find potential properties that would allow a successful BRRRR? 

Many investors are scared to get into them as college kids can potentially be harmful to a property.

Hi Ayyoub Research is the key, Conduct thorough market research to understand why the competing property is listed at a lower rent, Consider any improvements or upgrades that could enhance the appeal of your property to potential tenants, If you're unable to match the lower rental rate of the competing property, consider other incentives to attract tenants, such as offering a shorter lease term, including utilities in the rent, or providing additional amenities.Hope it helps.