If they find out they can cancel your policy (which makes getting a new policy more difficult) or if you have a claim they could deny coverage.

As a college student landlord you may have interaction with parents & if they find you unprofessional that may raise red flags, but if you have your s**t together you can ease those concerns.I am a big fan of college rentals.

@Michael Challenger I scraped all the cash I could find and borrowed from family.

I told him he can break the lease, but according to his contract until I find a tenant - he will be responsible to pay the lease. 

Later I find out from the tenant that the tenant pays their rent early and has already paid January’s rent.

., with the rapid rise of STRs, you will find that many insurers offer STR policies.We use Proper but it is very expensive but very comprehensive.

I think the 2 biggest hurdles are finding the right team to do the work, given you won't be there to monitor it 1st hand.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

@Theresa Amouzou A lot of factors go into finding good deals.

BRRRR all comes down to finding the right distressed properties at the right price, then identifying the right long term financing.