And make sure you check with the Local municipality to make sure they will allow a STR (and continue to allow it :-).....

I would spend a bit more for a better location.

In my case I was fed up with lies and incompetence, and switched to another local Pro mgr company. but I am being hit with EXCESIVE cancelation fees. 

The interest rates are too high to support this unless one of those local markets has a little extra inventory.

Bill" and being able to seek local private health care when further than 30 minutes from a VA offered healthcare facilities.

You say you want "good cash flow"...but your location says you are in Dallas. 

Another option would be to partner with a local vendor - we did that a lot and would make 10% commission. 

So being that you seem set on going to college here's my advice,3 big thingswhile in college you can only do so muchwork part-time or intern with real estate agencies, property management companies, or real estate investors, which some colleges per degree may require an internship anyway.networkjoin campus real estate clubs and national organizations like the National Association of Realtors (NAR) or local real estate investment groups. 

If you can't find a local one that will see if a regional one will.

Nothing to ad, I have been investing for 15 years, I am on the board of our local REIA and I have never heard of anyone saved by an LLC.