I have talked with a number of builders in Florida,  who like to keep some of the builds they do to get steady cashflow.let me know if you ever want to talk about how they are doing that 

Definitely something I should be keeping in mind if we ever look at another property!

Columbus OH would be a bonus.Thanks Hi Jake, happy to share my contacts if ever you haven't found someone yet.

Has anyone ever caught a fish and dropped it on the bank?

Businesses are the opposite: their primary purpose is cash flow and while you can create a sellable asset, anyone who has ever tried to sell a biz knows it's a lot harder to sell than real estate. 

No one should ever ask someone for up front fees except appraisal fees paid directly to the appraiser...not the lender.

Did you ever find that contractor?

My husband has worked for one of the largest national home builders for 23 years.

The demographics and map data don't take the students into account, but they're really what's driving the market.Low property values and ever-increasing student rents are a recipe for a market when you can pick up a duplex in decent condition for $150k, and rent it for $500/bed (that's an EGI of $36,000 annually for a 3/3 duplex).

On the other hand who ever buys the property will have to raise the rents.