Student Housing - Any experience??

[Karim Shah]

I have a large 5 bedroom property on the rental market. It's geared toward a larger family. However, as the proeprty is close to a major college, I have been approached by students looking to rent the property on a room basis. And a group looking for fraternity house.

Does anybody know how renting to students works. Who pay the utilities? Would there be a sepearate tenancy for each student per room or a collectively tenancy. How much security deposit should I take?