Student Housing - Multifamily

[Hayden Haucke]

Hello BP,

Looking for insight from investors who have experience in class B & C student housing properties.  There's a value add play I'm considering for an 18 unit class C property in Baton Rouge, and I like the thought of being able to charge rent on a per room basis and that we could require parents/guardians to co-sign the lease with the student.  My concerns with the class are that I suspect tenant turnover is high and that repairs/maintenance would be higher than what they would be renting to non-students. 

Any other aspects/advice (positive & negative) that an experienced investor in this space would give to someone who's considering their first student housing deal?