I should say that my experience with engineering students - even undergrads - were also very reliable and quiet tenants. 

The owner was adamant about not renting to students - and I agree that undergrads are high-maintenance and destructive as a rule. 

We revisited renting to students, and targeted law students (after a couple nightmare undergrads). 

I think a nice studio or 1br would be very attractive to grad students or even older undergrads. 

Which of course, tells me absolutely nothing.And I admit, that when I kicked tenants out because they weren't paying rent or they had parties where their pals (undergrad students) had parties with people peeing out the windows (not kidding), part of my negotiation to get them out without damage, was to agree that all I would tell prospective landlords who called was their dates of tenancy.So, going on landlord references alone is not reliable.  

Parents cosigning is a must for undergrads.

I am currently an MBA candidate at Rice University slated for graduation in 2020 (Undergrad from UH - Go Coogs). 

Lived at home for most of my undergrad, worked as a well paid DJ as well.  

Restrictive Co-op and no undergrad students allowed per the board.  

NRV is strong, but if you’re going into it looking for specific cash flow numbers it’s historically tight ... and rents are still kept somewhat low due to how much undergrad rental inventory there is.