College Rental Myrtle Beach

[Matt McCourry]

Biggerpockets community,

I am looking for some feedback on my first single family home deal.

I am looking at a SFH that is within walking distance from the local university here in Myrtle Beach SC. Based on my preliminary analysis of the deal, it looks like a strong prospect that should generate a solid monthly cash-flow. The community is a working class community with a mix of college renters and long time owners. It is surrounded by college apartments, the college itself, and a few local bars.

My question involves the strongest potential tenants that will use the property, college kids.  Looking for advice on how best to screen, what to look for, and how to deal with land lording to the college crowd?  

Anybody have any advice they wish to bestow upon a newbie?

Thanks,

-Matt

[Dick Rosen]

Don't believe anything they say or write, get their parents to co-sign and screen the parents just like a tenant.