I have several hands on tasks that would require more than a virtual. 

Even  if it’s a 30 year fixed DSCR that allows you to live in it the interest rate will make the “residential” loan a far better choice  Oh the other hand if it’s 5+ you’ll have to go commercial.

The challenge for a PMC is having the time to answer all your HUNDREDS of questions and handholding you as you learn, while still making money.

With a duplex you get more control, maybe more write offs, but obviously more hands on and the potential for higher vacancy.

Structurally, the property is in pretty good shape EXCEPT one problem that I cannot properly assess: the plumbing will not hold pressure.

You'll find a lot of hard working contractors.Have something to write on as many of the contractors won't have business cards.You'll still want to screen them a bit because, "there's a reason they work with the hands, not their heads":)

I can tell you first hand that the demand for student housing is at an all-time high. 

I believe Jimmy is not saying anything that would get his hand slapped but I'm not in charge.

Do you plan to flip it or hold as a rental? 

Amortizations were all done in the little book that title companies handed out.. rates went from 6% as noted to 24% ..