Student Rentals, positives and negatives

[Matthew Jackson]

I would like to know peoples experiences with student rentals? 

Being a student myself a couple of years ago I am very aware of the damages and issues that can come with renting to students. What are the positives of renting to students or investing in properties near smaller universities?

I have been looking at housing near smaller schools in NC, and SC and curious to hear some stories (positive and negative).

appreciate all replies!

[Jonathan Greene]

Quick list for you.

Pros:

- Co-sign from the parents to secure rent so the kids don't blow it each month

- More money per unit by renting by the room, even if in a group, than by renting to a family

- Options to rent to adjunct faculty and/or graduate students instead of undergraduate students

- Less expectations. They don't even know what living on their own is supposed to be like.

Cons:

- more wear and tear on the unit

- higher chances of neighbor complaints (if parties, but some college tenants are just fine - look for pre-med, etc.)