And if so, this sounds like the most hypocritical practice, we require but don't provide rental verification. 

I'm currently doing my due diligence on a multifamily that's located within a college campus. 

We did however, put in brand new HVAC to both units, new flooring in the bigger unit and then furnished them nicely to rent MTR. n This location is 2 miles from one of the largest hospitals in Knoxville and only 3 miles to the college and downtown.

I no longer entertain buyers agents from Carbutti and Company due to a past bad experience with one of their agents. The scenario was that a buyers agent wanted to be an impediment to closing a transaction between on ...

Yes, it's plenty of demand in royal oak and ann arbor is a college town, so you shouldn't have any problems there!

@William Coet it’s a different business model altogether.I love highly desirable areas that attract highly skilled high income college educated workforces.They tend to be more liberal and therefore the landlord tenant laws.The percent of their income that goes to rent is typically much less than 20% so a rental increase of 5-10% is nothing to them.They are typically lower cap rate areas and therefore every dollar of net operating income that is earned is explosive to the underlying asset value.

I absolutely collected first, last and security for my class-C rentals until NYS prohibited that practice back in 2019.Many tenants cannot manage their money properly, so this mitigates the issue of not being paid last month's rent when they need to move and the new landlord is receiving those funds they have allocated for their housing during the last month of their stay.This was also helpful to me to pre-screen who has their financial house in order and had saved for their moving costs as part of their planning.If I still could, I most definitely would - without exception.

Or would I be wiser to wait until I have a 9-5 post college and just enjoy these years and hope market conditions become more favorable?

Some background I am 21 years old and in my Jr. year of college.

I have just bought my neighbors house and am renting out our old house next door. I’ve tried searching for people who have been neighbors to their tenant but haven’t seen anything yet.If you have experience in this I’...