I used to have a 6/2 on Ohio State university campus north of downtown columbus and I got 1600 a weekend and netted 2500 a month probably. a lot of days were vacant but we did really well all the time for huge groups which is a nice I still recommend and there's not a lot. we just sold a new build for a medium term rental in newark close to intel. there's demand for high quality, well furnished places. 

Investing in Out-of-State Properties: Given the high property prices in Manhattan, I'm also exploring opportunities in other states. 

Literally.At the market/economic level, this policy is highly problematic in 2 major ways, both of which are inflationary.

My doctor tells me that I have high cholesterol, clogged arteries, that I am overweight, and I need a bunch of expensive tests.

Glad you joined the best real estate investing website! 

That being said, I am getting inspections of all major systems to ensure quality as this will be a hold for me (I would do it anyway, my name is on it).

Ultimately, I thought perhaps folks may have worked with a specific attorney that specializes in this sort of scenario, much like many of us share referrals for professionals that support the highly specialized needs of investors.

I guess how vital is a website in correlation to lead gen?

Your numbers and your realtor's numbers are obviously more hopeful than realistic based on the evidence.You are either buying in too high or spending too much on reno.

We are choosing new build because A) our family 4 has a certain size demand B)  the price-quality ratio doesn't seem to make sense when considering a preexisting home C) with interest rates being at near 8% with preexisting homes, builders are offering 5.99% interest rates and the exact home we are looking at is about $75K discounted because it's a spec home and the builder doesn't want to pay taxes on it.So, live in it for 5-6 years hopefully rent it out with a fully finished basement for potentially $4,200 in 5-6 years.