College Town Investing

[Brandon Wade Davis]

By accident, I discovered through discussions with my oldest daughter who was home over the holidays from University that there is quite a market for renting out places to college students. It should not have been a surprise to me but alas, I'm busy and simply never sat down to think about it.

My largest concern is actually not getting a good price on the purchase. That's a foregone conclusion. I'm more concerned about what kinds of challenges does a renter face in such college towns? What dragons are unique to this market? Anyone have any experience in this regard?