Your rehab is 14k for all of that stuff - sounds a bit low.  

Some of the best contractors I've found have been at Home Depot and Lowes.

Hi I am new to the real estate market, I want to gain knowledge on many aspects of real estate investing such as flipping and low or no money real estate investing. 

I agree that vacancy may be low given it's a student rental (assuming there is strong demand in the area) but there will always be some vacancy.What updates have been done to the property?

I'm wondering if higher owner occupancy rates means that there is little demand for rentals in the area or if it means that there is a low supply of rentals in the area.

Start off with smaller products so you can get better vacancy rates because there more units and your value typically earns 3 or 4 times per what you invest.  

I saw two mentions of this product on the forums and was looking for more feedback. 

Sub2 in general works best with pretty, low equity houses where the owner has become a sudden seller.

Since I've never lived in my rental houses (and I'm paying abnormally low electrical rates when these are empty...just to keep the frig going, air when showing a place, a few lights, etc.)

@Kay Ferdous The insurance figure seems to be a bit low.