I'm not sure if this could be a major factor for someone like me in choosing an area to invest, but the statistics suggest that Huntsville has a lower overall vacancy rate.

Reasonable answer:  see if you can get ANYONE to take it for FREE if you are on a tight budget or want to reduce waste/ save the dump fees

They just charge the resident a set monthly fee.

If you haven't done any flips in the area, HML rates will be high for you to start with no verifiable track record locally.

Do you know what the conversion rate is on cold calling these lists? 

I was contacted by their sales team and offered 100% financing of the tuition fee which will be around $15,000.

Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?

But having worked for one of the larger syndicators with about 13k units under management, all in suburban areas of the major metros in SE, the one beds typically did NOT see any noticeable lower occupancy rates than the twos or threes.  

I'll echo what Stephen said, insurance makes things tricky as well as the high interest rates impacting the rest of the country, but if you get a good enough deal you can maybe make it work.

It will increase the ARV which could mean more cash out in your pocket, or a better rate because a higher rate could decrease your LTV.