Rochester, NY Area Student Rentals - Advice?

[Christian Butler]

Hi All,

I'm a western NY native currently residing on Long Island. Eventually would like to make my way back in that direction, but thinking longer-term about what real estate investing options are available in the area. I really like the idea of a student rental, ideally in the SUNY Geneseo area since it's close to where I'm originally from and I know it better. Anyone in that area, or in Western NY in general, have wisdom about student rentals you can share? Do you generally cash flow and what kinds of monthly or per-semester rates do you see? Any regulations/restrictions around it legally I should be aware of? Other advice?

Thanks in advance!

Christian B.