They’re fully renovated and rented to U of R and RIT college students and grad students.  

If you have a 6 bedroom in an area that does not have a university (students looking for shared space) or is in a family friendly place it may sit vacant longer between tenants.For Capex, try not to use a generic number - look at the roof, furnace, hot water tank, kitchen - when will each need to be done and what will it cost?

They could positive cashflow and i believe there should be good rental demand from student population but i am not sure about the scope of appreciation in the area.

Lisa Fondant   plenty on the internet including his rebuttal video and pictures of his students holding up 8700 and 10,000 jumbo checks...

I rented a 4-bed house in Royal Oak, then got 3 roommates that I charged each 30% of the rent, so they covered most of my  rent.You can do the same if you buy a house:1) More rooms the better, if renting to fellow college students.2) Can YOU live in the basement?

Fires in the mountains is nothing new, as a young student in the 1970"s I would be returning from classes and the hills would be ablaze for days.

One has a four-family that he got about three years ago, fully occupied by Temple students.

It's primarily newer sponsors, investors, and students networking for opportunities. 

I am part of an investor group.  We are putting a project on the market. My realtor is just using Real Capital Markets, for ALL the marketing.  (this is a $30M project) and does not want to use Costar or Loopnet.This ...

We've got a few homes near campus we use as student rentals and they certainly perform well.