Investing in a College Town

[Christopher Levine]

Hey BP peeps,

How would a college town like Boulder be for house-hacking/rental property investing?

i.e. will a constant influx of college students make for reliable rental income? Do college students generally make for good tenants?

I'll be transitioning from the military in about a year and I'm eager to begin rental property investing with the cash reserves I've built up during my enlistment. I'm considering moving to the Greater Denver area; I figure that the variety of markets across areas like Denver, Aurora, and Boulder - all in relatively close proximity - will present a lot of flexibility and choices as I build a rental portfolio.

I'm a novice, however, and trying to form a well-educated starting strategy. Could someone experienced help me feel this knowledge gap?

Thanks!

[Grant Rothenburger]

From what I've seen others say, college towns and student rentals can be a goldmine, but they come with their own set of problems. It seems unit damage and lost keys are pretty popular among student rentals.

Really, every niche/strategy has issues. If you personally like the idea and/or your area is great for student rentals, then go for it! 

Sorry I can't help more, but I think you got this with some hard work!