Please keep in mind that just because a particular school is assigned to an address you don’t have a guarantee that there will be room to admit a student.

Nanticoke has the campus for the local community college within its limits so there is some call for student housing.

To give you some background on my situation, Most if not all students after freshman year move off-campus and rent.

Could be a nonresident alien student, professor or researcher filing a U.S. tax return or claiming an exception.

Lawyers as a profession are conservative by nature in their practice, and it even took me a few years before I spent the time to learn the TX series LLC statutes and offering them as a service. 

It allows you to diversify into a portfolio of homes as opposed to putting all of your proverbial eggs in one basket.Be cautious tho as over the years I have witnessed countless investors buying properties in crappy areas, for more than they are worth and being passed on to crappy property management that nickel and dimes them to death (I guess all of those 15% "awesome" paper cap rates and promises of financial freedom aren't that awesome after all...)This is not just true for real estate deals but life in general (Your "piece of paper" degree does't necessarily dictate success in your chosen profession or your business)Real life experience is different to what any "piece of paper" says.In all reality guys it takes time to build financial freedom, and the more you can diversify your risk across multiple properties in your portfolio the less risk you bear in the long run.I may not be the smartest Aussie you have ever met, however I do understand a few basic rules that I follow on every acquisition I make.Strength in numbers, cash only, patience, and discipline.Let's talk about Strength first.Price point plays a big part of "strength in numbers" as it is safer to acquire 5 homes for a total of $350,000 as opposed to one for $350,000.What happens if "that one" property goes untenanted for 5 months?

We have a triplex with decent cashflow, but bought the property for significantly lower than a Multifamily would sell for in Ottawa.We’ve been thinking about getting into the Ottawa market- ideally student rentals.

Some of which i plan to use to pay off my student loans. 

I'm about to close on my second property and ideally would like to find short term tenants to get me on my typical June-May rent cycle (I rent to students).

We won't be able to get traditional mortgages because we both have personal mortgages and student loan debt.