People tend to have strong opinions about buying site unseen, so if that's the route you go, do all the extra due diligence you can! 

Hi Cliff,Traditional financing tends to have 12 months seasoning which is why a lot o investors tend to use non-traditional financing like DSCR.

what you need to do is buy in better areas where the price points are higher and the returns are risk adjusted.. that means paper returns are less.. but you know investors they tend to not think about tenant risk and go for the highest returns on paper..

However, large volume wholesale companies of which I'm aware tend to have non-compete agreements that you must sign, which would "prevent" you from going into business for yourself (or with a competitor) for some period of time and/or within the same territory.

However, this difference in rents doesn't factor in that two-story homes on average tend to be larger than one-story homes.My data source isn't super precise showing rent-to-sqft ratios, only rounding to whole dollars.

The problem with this is that they tend to place INCOME as the main feature of any investment they’re currently considering, and their decision making process centers around how a particular investment will fit into their ULTIMATE portfolio, the one that is large enough to generate all that income which will replace their earnings, and still grow enough to offset inflation.In my opinion, what the investor in this situation should be doing is concentrating on WEALTH BUILDING, not passive income.  

It's not a terrible strategy except you tend to end up with broke, desperate tenants because those with reasonable funds would prefer cheaper rent and a returnable deposit. 

Typically for out-of-state investors, larger markets with more stable job and housing markets tend to be less risky.

I tend to agree with the sentiments of most of the postings here.  

You can rent by the room, which can maximize rental income.Parent Guarantees: Many student leases involve co-signers, usually parents, which can provide additional financial security.Low Vacancy Rates: Due to the high demand, vacancy rates tend to be low, especially if the property is close to campus or in a desirable student neighborhood.Flexible Lease Terms: You can structure leases to fit the academic calendar, which means you can adjust rents annually based on market conditions.Cons:High Turnover: Students typically stay for shorter periods, leading to higher turnover rates.