@Todd Dexheimer, I agree with your assessments. 

When running calculations, should we focus on assessing rental income post that period? 

The short take away is that Corporate Housing is not compatible with mainstream STR (airbnb/vrbo).

You can't really control the tax rate so focus on the assessed value of the property.

Jason, to your specific question regarding additional screening.I'm continuing with the same screening as before which is: 650 credit score. 3x gross income, 1-year lease minimum with spring lease starting dates, previous landlord background checks, and criminal history only with the view as it contributes to the overall assessment and is not an automatic disqualified on its own. 

Anyone can buy property, buying it at the right price, understanding the zoning to determine the proper size of home for the market, demonstrating the home sale price is inline with the market, who will be selling the home, and then having the liquidity to provide equity and carry in the event the home does not sell.While your group has a strong team on the build side, is it as good with real estate brokers (to assess acquisition price, location, zoning, etc), architectural team, title company relationships, lenders and equity (friends, family, or themselves) to put together the deal.  

Things to consider:- A vacancy/collection loss allowance- A budget for maintenance- The property’s current assessment in relation to the purchase price (risk of tax increase)

While we remain in the early stages of both the pandemic and the likely severe recession that will result, we can begin to assess the impact on commercial real estate as we position ourselves to capitalize on potential opportunities.

Condos may drop in price and be really affordable, however, that may be because there's an issue with the HOA, and assessment has gone out all sprung from the HOA not being able to afford it's budget because 30% of the owners have stopped paying their HOA fees.

Owner occupied homes can assessed at a lower rate (4%) and be exempted from school operating taxes.