Comps in the area are $225K - $240The rent comps are $1700 - $2050  there is new construction in the adjoining neighborhood which probably affects the rents.The Wrap term with the seller is 10 yearsMy payment to the seller is equal to the mortgage loan payment. 

My advice is to first get YOUR living area planned out. 

We write with a few national carriers like Proper & Steadily as well as a few non-public facing STR brokers in your area.

If you need help finding quality contractors in the area let me know!

You are a landlord , not a social worker .

@Christopher Tinelli when I first read the title, I thought YOU are a PMC and your BP profile seems to confirm this.Unfortunately, most of the responders seem to be answering as if you bought the property.Recommend checking out NARPM, there are a lot of student housing PMCs there.Here's what I can think ofPMA: you'll want to have a charge for periodic walk-thrus, like almost monthly.

@Michael Ewers Little Rock had a destructive tornado in March 2023 that destroyed a large area.

I host meetups in the Houston area. 

Here are a few great questions you can ask.        

The other thing to look at is the areas.