College town apartment rentals

[Ray Bell]

I live close to a college town and I was doing some research on some potential investments. I came across a 2/1 apartment for $220,000 and rents for $2500 a month. I know this does not follow the 2 percent rule, but the building rarely ever has any vacanies because its a prime place for the students to live. What would be the dangers in aquiring these type of properties knowing it will almost certainly be rented out and its fairly easy to maintain?