By this I mean is there enough parking for your business to be successful there, or would it impose a challenge for your customers and hurt your likelihood to succeed?

The challenge is finding a deal in a hot market like Nashville.

The area is going through a revitalization period so it's challenging to know what to do.

I hear a lot about 12% return amortized at 30 but I want to achieve financial freedom and retire at an earlier age, so I want to build equity aggressively but I understand naturally there's less cashflow.

I don’t want to divert from the original question, but it seems like a natural question to ask.

My partners and I acquired some great real estate in a small downtown and plan to develop a nice mixed-use project to include retail/restaurants on the first floor with condominiums above that on the second and third ...

So . . . vacancy in college units CAN be higher (due to the cyclic nature of the school-year, the fact that they aren't attending all year, and some other factors), but this isn't always the case.

There is no further discussion about the nature of repairs. 

I also find that it is challenging to make the numbers work once you add a general contractor to the mix. 

get a paying job in the industry and save.. real estate is not an industry or job that you can do without resources of a financial nature .but you can get hired on to do many jobs in and around real estate and earn while you learn.