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Updated almost 3 years ago,
Rent out my sfh to students?
Hi BP forum. My 1st post ....
I am In contract for my first deal EVER. Two attached townhouses next door to northeastern il university. I was Planning on renting them out as regular single family homes but a friend of mine suggested I should look into renting them out as rooms to a students.
Q1 does student housing have better returns (coC and roi) then reg sfh?
Q2 when I look to sell them do i comp other sfh, or cap rate to determine asking price
Q3 would I need to provide furniture
Q4 any legal stuff I should be aware of ?
thank you!