Possibly if the basement is not accessible somehow from the other units, potentially you may need to create interior access between units, but theres probably access somewhere, just may nesseciate removing locked door. 

The best is when they move in and immediately begin making maintenance demands for things they broke themselves, or because some man they lied about not being on the lease is living there and broke it, or one of their endless supply of children broke it  and it's like you still owe like a grand from your deposit maybe don't take such a tone when you fuss over maintenance issues you created in the first place - but God forbid you withhold whatever pithy deposit they did manage to cough up for damages because they go full throttle Jerry Springer guest in 2.2 seconds. 

I'm curious if anyone has created "digital guidebooks" for their STRs? 

Unfortunately, we hear stories like this a few times a month and we have resources to assist those that are willing.

And since you are investing to make money and not because you "love" one versus the other, you need to understand the headwinds and opportunities that could create outsized returns for you.  

For instance, with a conservative estimate of 1 month of vacancy per year and 1% of the property value in annual maintenance costs, you could be looking at an additional $2,000+ in costs annually, not to mention the effort and time involved in managing these issues from afar.With all that said, real estate is worth the effort but not all deals are created equal.

But they are kids and they do not have a choice.

Hey mate,Keep costs at a minimum.If the carpet is good/new.Leave it for now IMO and deal with it at a later date.And can always not accept pet's as per your lease or if you do, charge a pet deposit and monthly pet fee that will assist with any future repair needed caused by pet damage.We own a PM company and do the same.Thanks 

When people show up for an open house, and they see other people touring the home, it can create a sense of urgency to apply.

It’s all about creating win-win situations!