All Forum Posts by: Christyn Budzyna

Yeah, my hope would be to have a group in there from January - August (spring semester & summer), and then Airbnb it out from September - December. Maybe with the wear and tear on the house, I'll need a buffer period to fix things up though. 

Good to know, @Michael Baum what's the level of work you've seen? Would definitely keep it as student housing but the market demand for football season (and the revenue projections) are really good, so it might be worth it to do the extra work... 

Hi everyone,

I'm a long-time reader and first-time poster here on the Bigger Pockets forums. I've been managing mid-term and short-term rentals for a little over a year through co-hosting and arbitrage, but looking to make my first purchase in 2024. 

I live in New York, but have been curious about the State College, PA market. I've spent some time there working on projects through Penn State, so I have a basic working knowledge of the area. 

I'm aware that new regulations are in place for short-term rentals in State College, including a limit to 120 days per year, a parking spot for each bedroom, and a tenant designating it as their primary residence for 8 months out of the year. 

With these rules in place, I'm considering purchasing a property to rent as student housing (mid-term rental) for 8 months out of the year, and using it as a short term rental for the other 4 months a year (ideally, football season). 

I'm curious if anyone else has invested and/or used this strategy in the area? Any other helpful knowledge when it comes to the State College, PA market? 

Thanks in advance!

- Christyn