@Max Langlois - smart play.

@Jennifer Manzella SavvaSTR's do have some unique differences from their LTR counterpart.There are unique tax laws if you provide substantial services.STR's are normally furnished by the owner which may be eligible for immediate write-off / bonus depreciation.

The amenities, pictures, descriptions, reviews, all play a part in how much you can charge.

Also seller financing is likley a good play here. 

They are non-profit in terms of distribution of profits at the end of the calendar year (after salaries/commissions/bonuses/etc are done being paid out, of course), but for 11.9 out of 12 months, they function as for-profit institutions like any other.

For depreciation on one of the properties, I was planning on separating/segregating carpet, floating LVP flooring, cabinets, dishwasher, microwave, oven, and a shed as separate assets from the building and using 100% bonus depreciation to deduct fully this first year.

I also want to connect with people in my area as well as others, to learn and possibly partner with In the future.Fun fact I play in paintball tournaments (speed ball) almost every weekend.

Agents play a big part, and you need someone willing to fight for you and you deal.

Most students jump around from year to year and you probably don't want to get stuck with students for more than 1 year if there becomes any issues.3) Parking and laundry would be bonuses.

Getting to 4.81 on that one out of four units is just statistics playing on you I think.