I just purchased a duplex and it is listed under a single address.

For a bit of context, my wife and I recently moved to Tennessee and after renting for a bit we are just about to close on our first property.

The populations of once small town just outside of town are booming.

But to date, I've just set my rents at a rate that accounts for me having to pay the water bill - and informed the residents that each year I'll increase the rent based upon my expenses (including water), so keeping the bill down helps me to help them.But one problem this could cause is if increasing the rent to cover the water bill then places your rent above the market rate.

IE they just work in the NPN space and try to work the notes and ending up owning probably happens maybe not the majority of the time but quite often..

How big is the scale? 

Let’s just say a home was $150,000 in 2019.

You'll want a PMC that will check on the property monthly or even weekly, to keep the college students obeying the rules.This management may cost a bit more, but is well worth it!

build it instead of buying it. especially in the 5-50 range you are going to get garbage that's 80-120 years old in c neighborhoods. i can find land in almost any zip code and make the numbers work in columbus. or partner on a project locally. just my 2 cents but build to rent is much stronger right now in my opinion in columbus than buying existing assets 

If they like to rob houses, they're probably not going to become a model citizen just because they rented your house.