Most general rehabbers stayed away from this home because the foundation was so badly damaged.

We were able to pay the property off, however, we did have to invest around $20,000 for some unforeseen issues (septic and air conditioning).

Would it be worth taking on additional risk, like a renter who caused trouble or damaged clubhouse property?

Being billingual is a big plus tooAmerica is a bit different since everyone has a different ethnic background and foreigners are as common as the air we breathe.

What if he left the property damaged? 

The document transfers the liability for damage to them.I rent W/D to my tenants. 

I'm not sure how old you are but you must recall college life, particularly off campus living. just a few concerns:  furnished units have to be covered on your insurance which will effect your premium.you gotta be mindful of damages to the furniture in addition to the rest of the place. not everyone will havesticky fingers but be prepared for the occasional theft during transition at the student occupied units. the bedbug epidemic comes into play particular with the more traffic. again, its my coin. feel free to disagree.kudos,Mary

I'm having a hard time trying to come up with a value for turnover and damages.

Air fryers are fantastic - they fry without oil.

Damage to vehicles and labor is another in full service automatic machine units.