Renting out to college students

[Newell Zelarayan]

Hi,

I'm trying to branch into real estate investing like many other people here. I was looking into a property in Albany, NY that has apparently housed college students from near by colleges for some time now. The property seems like something I might be able to afford and based on quick analysis (few rental property/ investing calculators) it looks like potential good positive cash flow property. Might need a bit of rehab but not much. I was wondering if anyone has rented out to college students. Pros? Cons? Should I steer elsewhere? Are college students no good for someone who is just starting out? Any advise would be well appreciated. 

Thanks!