One of the biggest challenges was the insurance for this type of building- there are much fewer insurers and it's good to get your ducks in a row especially with insurance before pulling the trigger.

In fact, many of the students who avoid larger buildings are international, and tend to take better care of the units.At the end of the day, though, there will always be upperclassmen who prefer an older house with fewer units.

Akash, you said " I want an STR nearby (I live in the bay area) so I can manage it better."

One of the biggest challenges was the insurance for this type of building- there are much fewer insurers and it's good to get your ducks in a row especially with insurance before pulling the trigger.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

One of the biggest challenges was the insurance for this type of building- there are much fewer insurers and it's good to get your ducks in a row especially with insurance before pulling the trigger.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

As well as concentrated risk...fewer tenants that could result in much higher carrying costs during vacancy/lease-up.

Fewer new builds can limit supply, preventing dramatic price drops.Finding Opportunities – Rather than assuming prices will decline across the board, look for motivated sellers, properties that need work, or areas where short-term uncertainty creates long-term opportunity.

Fewer rentals being the result.

Also, due to increased liability exposure property insurance premiums is adversely impacted causing fewer and fewer building owners to seek out ATM tenants.

Quote from @Lillian Pintaro: Quote from @Tyler Hall: Crestwood North and Crestwood South: These neighborhoods are gaining popularity among buyers priced out of nearby areas like Forest Park and Avondale.