Unless this is strictly a student housing for IU play you would want to be extremely hands on to make this work in my opinion.

You’re already doing the right thing by plugging into a community like this—plenty of folks here who’ve been in your shoes and are willing to help.I’m from Leesburg - and would love to connect.

Without knowing stuff like this, all the answers provided are meaningless. 

It’s not necessarily more difficult than market-rate rentals, just different.If you’re seriously considering this route, feel free to reach out.

This is generally correct, DSCR loans do not look at all at your personal income.  

As far as I know, Pace created this community and didn't want to make money from it.

I would not be in any hurry to sell this property.

This will clarify and reinforce what you are reading.

If you achieved this by paying all cash, then you are losing money. 

Every landlord in Chicago needs to watch this!