@Scott LorenceThe advantages to renting to college students are that they generally leave after a few years so you can do repairs or updates, you can raise rents on a regular schedule, they will pay a premium to be near campus, and if you get engineering students they tend to fix the small stuff on their own.

I have a main company, that owns a bunch of LLCs, each LLC holds a single real estate asset. 1 of the LLC also acts as a management company for the entire portfolio.Now it creates a problems that with each LLC, I need to file a tax return each year. and so far I am doing them by excel copying numbers from bank statement, which is a nightmare.Quickbook online charges $24 each month in Canada, which really adds up with the number of holding LLCs. and I don't feel like what I require from it justify the cost.

So, if you start with a duplex, your next purchase could be a triplex or fourplex.

Each programs have different requirements so it'll be important to check.

I knew the good and not so good areas.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

So if you can handle the financing for all this until the builder starts buying lots and building , You should do well 

How is it doing so far as a short term rental?

However, an agent that has off market deals is likely flipping or wholesaling themselves so you may only get leftovers. 

Another student rental that has a mortage of 900k me and my wife live here on a private floor. thrid property is also another rental ( duplex w a mortage of 390k ) was fully rented but tenant upstairs has moved out a year ago so I decided to renovated to do short term rental added in 2 ensuite rooms.