College area investing

[Matt DuSold]

Does anybody here rent in college areas? It is looking like I will be spending much of my life here in Columbia, Missouri. I have always wanted to have a strong buy and hold portfolio I just don't know how much more risk will be involved.

When doing rentals in college areas do you need to use something like a 55% rule? I know the rule is just a rule of thumb and it really is whatever work for the investor but I didn't know if anyone had any experience. I know expenses will be high but I do feel there are plusses to investing in the college area with being able to constantly have a demand and getting your rent from the tenants.

Any help or word to the wise would be awesome!