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Updated almost 6 years ago,
Renting to college students
Good morning BiggerPockets!
So today my question for you in how everyone feels about renting to the average college student. Being a college student myself I hope to use a mix between the househack and BRRR strategy for my first investment. Living in the Orlando area I see that multi-family homes aren't the easiest to get into for a beginner college investor like myself. I plan to rent out individual rooms in a single family home close to campus to pay for the mortgage while in school. Besides privacy can you see any huge drawbacks to this? What are some extra precautions I should take? I don't plan to pull the trigger till I've networked more in the area and have built a little more in funds for the investment.
All tips and pointers are greatly appreciated!