Vacancies can hit hard in the summer if you don’t lock in year-round tenants, and SUNY towns can be seasonal compared to broader rental markets.

Moisture will hit that cooler wall and condenses.

Even after the split in early 2018, you continued to promote NB Private Capital deals (up until Dec 2020).It’s also misleading that you state “Once COVID hit the industry, we no longer represented student housing from any of our sponsors.”

I know agents can be a goldmine for finding properties before they hit the market, but I’m curious about the best ways to approach this.For fellow investors:Have you successfully partnered with agents to source off-market properties?

The best deals, especially 3–5 unit properties, move fast... often before they hit the MLS.

Infrastructure (eg water, sewer, electrical supply to the house) should be the landowners' responsibility. 

:)As for LTR rental terms, usually we sign a 1 year lease where tenants are expected to pay Electric and Gas if applicable, while the owner typically pays water/sewer/trash with the city. 

I still plan to in a few years do a 30 yr fixed cash out refi when rates hit low 5s giving up my rate and use that money for down payment on a LTR or maybe a new build for Airbnb idea I had. 

The value-add versions of these properties do not hit very often, and sometimes the rehab work is not light and cosmetic.

I can just see that voucher program being one of the target programs hit.