Long-term rent by the room is good in a college area, but will have more wear and tear and maintenance requests if all college students.

If you're near Sac State students might pay more if the property is in Carmichael a family might pay more.

Because I do not want to operate this as a short-term rental, I'm not sure how many college students would be interested. 

Some call this the infinite return model.Pending the amount of capital you have to invest, I can also help you buy your first building individually.I started with a 12 unit and am now GP in over 1000 units worth $130M.After 46 years in the industry, I am opening up a few spots on my mentoring program wherein students will have direct access to me and all I can provide. 

All applications are from students!

Not enough margin, not their criteria or no bandwith: the deal goes to their VIP list, mastermind students, and regular clients.4.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

Both he and the equity firm he leads (which apparently funds some but not all student deals) are well-respected here at Bigger Pockets.Regarding the recurring theme of experience -- I understand everything that was said by @Brian Burke , @Jay Hinrichs , and others, and it's nothing I haven't thought of before.

Sharing walls with a noisy family with children or college students for example is not going to invite conflict and may cost you in poor reviews or guests wanting to leave early.

I know med students are always looking for apartments.Best options in lewisburg are probably student housing, scrape-and-build, new multifamily, or flips.Tim