Coronavirus effect on college rental

[Terry Z.]

So I am in the phase of closing a deal on a SFH. It is in a college town so this will be a student housing most likely. With the recent University moving classes to online and send students home, I don't know if I should proceed with the deal. I have a hard time to assess the situation and evaluate how big this virus thing would impact college rentals. I would like to hear the investors who have college rental experience.

[Roni E.]

As long as your rental is not in a quarantine zone you should be good. I would make sure your leases are 12 months and have parental guaranty. So far it seems the online class setup will be for 2 to 4 weeks so staying in their rental is better than moving home.