Focus on neighborhoods near employers or schools, and explore slightly outside Austin for more affordable options. 

I would definitely look into seeing if there are any AirBNB arbitrage companies operating in the area that may be willing to take it on. 

The concern with the DSCR loan is that I need to make the property present as though it's rented to individuals during appraisal (tough since it's a working rehab facility now) and must create another lease that shows the tenant as personal and not a company.

I do all accounting for properties and company in Rent Manager. 

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

Have you considered using a property management company?

That will only leave healthcare to be something I will not have direct ownership or control over as I cannot feasibly own a hospital, nor an insurance company.

Sounds like your 2 previous companies didn't know what they were doing.

Water meter-water company.  

It’s less than 15 minutes by car from two major universities (Towson & Morgan) and just a 7-minute walk from a shuttle that services both campuses.I plan to rent the property by the room, targeting mainly college students due to its proximity to the schools.