HiMy apartment is located in a city center near big university with lots of overseas students so the tenant pool is students based.I know that there's a high turnaround and would like to minimize it as much as I can.I would like to hear from the experienced what are the best practices for renting to students.Questions that I have in mind are:1 - best period to look for new tenant2 - best practices on how to screen students to find the best tenant?

This was the main reason that I profited minimally from this investment, specifically as a rental property - as the loan on the property dug deep into my profits over 17 yrs of ownership.

I am looking into more turnkey properties but would also do minimal repairs.  

Most US state brownfield programs allow for different cleanup standards and there can be ways of siting buildings to minimize cleanups (excavating contaminated soil).

You’d have to disclose it when you resell, and that will be a hard pill to swallow for most buyers.

@Don Thornton,Generally professional PM's will want to minimize their risk exposure. 

However, minimizing business fees to appease clients who will most likely be frustrated and move on is a weird choice. 

The amortized cost is minimal, and while we may not see an immediate return from a cashflow POV, when we re-rent we'll be able to pump the rent accordingly. 

Either way, you can have someone handle this for a minimal amount of money vs. the value of your portfolio.

So the cash flow is at higher risk than normal times and the probability for a price decline is higher than normal times for an RE that projects very minimal upside.I do not believe RE is a poor investment in general (obviously).