Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 12 years ago,
Renting to Students: How do you assess the risk?
This property is a couple blocks from campus. It's basically set up for housing students with small kitchens on each floor(2).
I will always need a group of 7+ kids. Since only juniors and seniors can rent of campus, tenants will be there for at most 2 years. There are rules about 3 or more unrelated people living together so I will need 3 separate leases at all times. I'm concerned about not always being able to fill the need constantly.
Renting to non students would probably be difficult and would command less rent.