Same Rules When Renting in College Town?

[Robert Mack]

I was wondering if you would evaluate a rental property the same way in a college town where you have new tennants usually once a year as you would when targeting regular tennants.

In New Brunswick, NJ, landlords do yearly leases june 1 to june 1, and the rents are very high compared to regular rentals to non-college kids. They basically charge 400-500 per person, and squeeze as many people in the house as possible. The houses also are not maintained the best and not of best quality b/c frankly college kids aren't mainly concerned about the look of a house.