We love to take care of the students that live in our apartments the best we can with amenities!

Preferably something that is renovated on the interior, where I could focus on adding exterior amenities. 

For example: If I search within a 0.5-mile radius, but the rental listings or recently leased properties differ significantly from mine in terms of condition, amenities, or layout, how can I still derive an accurate rental estimate?

If you can't distinguish your rental from others on features/amenities, then you can always distinguish your place on price.

How do you balance preserving the property’s character while integrating modern amenities?

We will be the only or one of a few that we can see with this type of amenity in our market for a vacation rental.

There are very few, if any units in the area that have these types of amenities.

@Karolina PowellGenerally, I would say your tenant pool in a the same submarkets will be the same, outside of single family rentals, which by default have "more" amenities than any multifamily (no one above of below, yard space, etc).  

So you would either need to learn a lot about how to be an awesome STR operator and you would probably need to put into your home $20,000 to $100,000 in adding furnishings, design, and adding amenities to make the property desirable.

I attach below a table where you can see more details of the top listings in this neighbourhood, by the number of reviews they had in the past 12 months: In regards to the amenities of these listings, I attached below a chart that shows the top 100 most common amenities across all the 27 listings in Music Row that had over 60 reviews in the past 12 months (the bigger the font size, the more common that amenity is):I have also anlayzed the seasonality in Nashville.