If you would like to talk more in depth I would be happy to help, feel free to reach out to me via private message.  

When you decide on your ideal structure that you feel suits your market and SFH the best, a quick tip would be to look at the reviews from both tenants and landlords.See the complaints (There will always be many) and see the replies.Nobody is perfect and folks that try, also make mistakes.The PM's replies will dictate how they "breath" from an operational standpoint.IMO all reviews should be replied to and explanation's offered.Just my opinion 🙏👍

Feel free to shoot me a PM if you'd like to chat about the deal.

I'd search in/around campus for a 5 BR and see how hard it is to find one.If scarce, I'd start w/ 5 BR listing first.Some additional tips here:Nearing 1,000 College Students: Here's What I've Learned

If you want to discuss these things in more detail I would be glad to work through them with you, feel free to message me. 

If you want to discuss any of these details feel free to reach out to me in a private message!

I removed Airbnb from this Google Trends search because it depressed all the other searches because it is most popular in Hawaii.

It can be worth some money (Midwest farm land is about $160/ac per year in rent) and obviously land on a popular lake, the strip, or NYC can be be north of a $1m/acre.

Please feel free to reach out if you have any questions on the renovation or are looking for a construction company to do this work for you!

Asked and answered.By the way, pro tip: “Umbrella insurance protects you better than an LLC”, in my opinion and is easier to manage.