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Updated over 9 years ago on . Most recent reply

User Stats

16
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5
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Bill Zepeda
  • Rental Property Investor
  • Brentwood, TN
5
Votes |
16
Posts

Isn't this just like student housing...

Bill Zepeda
  • Rental Property Investor
  • Brentwood, TN
Posted

Hello BP community,

I'd like to get your opinion on this one. I have a SFH for rent in a family-friendly neighborhood adjacent to a community college. I was contacted by the head basketball coach from the community college and he wants to rent the property for his coach and players. He says that he has scholarship dollars to use for housing and is willing to pay 6 months in advance. My first reaction was to envision a bunch young men treating my property like a dorm room. However, he claims that an adult will be living their and supervising them. This is the first time I've encountered this scenario, so I'd love any feedback as to the pros and cons of this situation. If I proceed, should I require a background check for anyone living in the property that is 18+ years old (players included)?

TIA,

Bill

  • Bill Zepeda
  • Most Popular Reply

    User Stats

    3,930
    Posts
    3,341
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    Max T.
    • Investor
    • Philadelphia, PA
    3,341
    Votes |
    3,930
    Posts
    Max T.
    • Investor
    • Philadelphia, PA
    Replied
    Screen like you would any other. Require guarantors/cosigners when necessary. Student rentals are fine.

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