You can rent a place to lay a head. 

Or will you rent out all the units?

If you house hack a single family residence by renting out  a room or two then you would have no property tax but if you buy a duplex you might have to pro-rate the property tax.  

It normally takes 5+ years of rent increases before you feel like you are doing ok. 

They are a commodity, and owners are competing directly against hotels in this space, so rents are ultra low.

It would be mainly rented to alumni, parents of students and people exploring the area by the University of Florida.  

Expect a higher rent rate, but also higher turnover and longer vacancies.I've rented to dozens of traveling nurses and would say about 50% of them were nuts.

There is a single family home that was divided and one half has been rented and an ad on small "house" that has also been rented mostly long term.

Conveniently located in Bryan TX, within walking distance to A&M Bus stop and a short 5 minutes drive to College Station, home to the largest university in the state, Texas A&M.

And IMHO, the prices are dropping big time (on avg. 10K/month...houses that were above 300K a year ago are not selling at 250K now) and the available rentals saturation is worse than I seen during summer season (with rents dropping from 1$-1.08/sqft to 0.8$/sqft and very little contacts and applications...just go in Zillow and look how many rentals are on the market now in Kyle, New Braunfels or Converse).