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Updated over 8 years ago,
College town investors - how do you cover excessive damages?
Hello BP,
I'm soon to close on a single family house thanks to my mentor. For my next step I've been thinking about house hacking a 4-plex during college, which I'll be entering this fall. My main concern is excessive damages from college students. How have you gone about dealing with this? Do you write an agreement in the lease? Also any other important information regarding college town investing would be helpful!
Thanks!