Student housing in Lincoln, NE - where do I start

[Troy F.]

Hello inspiring real-estate community,

I am considering purchasing an older home (1907) near the University of Nebraska - Lincoln campus.  The plan would be to rent by the room in a three bedroom home.  Target market are students.  Has anyone been successful in a venture such as this?  1 bedroom apts rent for $400-$600 per month.  How do I gauge what rents would be for by the room in this area?

Thanks,

Troy