Investing in student housing

[Tee Grange]

Hi,

Anyone with student housing experience? I was hoping to invest in student housing (both single family and multifamily) but I'm concerned with over saturation in the area. There seems to be quite a few rentals available around the University already, and it's in the middle of the school year. Additionally, there's a large apartment complex being built close by as well. Any advice on this? Should I change directions? If so, who is your target resident for renters? Do you like renting to young professionals or families, or do you have no preference?