Upsides and Downsides of Renting to College Students

[Nicholas Spinazze]

My wife and I have acquired some land really close to the university in Northwest Arkansas. We are building 2 long term SF rentals each with a mother in law suite we plan on using as AirBnbs. The rents in the area are definitely higher for properties that cater to college students and we plan on specifically targeting college students. However, we'd love to hear from the BP community on their past experiences renting to college students? Did you require parents to co-sign the lease? Did you take steps to prevent parties and if so how did that work out?