Campus Housing Round ONE

[Lindsey Kocher]

We just closed on our FIRST investment property last week!!! A 3 Bed/3.5 bath home 1 block from a large state university.  Been well cared for by female athletes on the volleyball team for a number of years.  

Is rent better per room for listing to be just prior to spring semester and plan for 12-month lease, or shoot for a 6 month?  Finding comps has been challenging because location, unit vs house, mix and amenities make such a range.  

Furnishing - What's expected, or "industry standard"? If we partially furnish can/should we charge more for rent?

Planning on a PM familiar with this local industry at 10%.