Buildings for student housing?

[Nick Alexander]

I have an acquaintance who invests in buildings around campuses and works with the universities to offer student housing. Until this pandemic hit, it seemed like a fool proof, recession proof business model. There will always be a steady group of potential renters with their rent being paid by student loans or other sources. 

I am curious of the benefits/cons of student housing compared to regular residential use. It would seem to me that as college tuition has a built in inflation factor, student housing (provided that quality is kept up) might be able to enjoy a portion of that inflation factor.

Perhaps offering cleaning services, food preparation, partnering with local car sharing... anything to add value to the renters..?