The townhouse is located near by Kennesaw State University, in a nice and safe neighborhood, not too far from downtown (about 30-45mins), with easy access to I75 (huge deal for Atlanta, especially if you work in downtown). 

We do not have much seasonality, but do have some minor peaks that occur in Fall during football season and Spring for University related travel. 

I've been setting my sights on markets with major hospitals or Universities. 

It’s a tertiary market, but has multiple major employers, the largest hospital in the state, and a university.

Try to look around the major hospitals and universities if you can.

Purchase price: $1,700,000 In Search of partners or buyers to build this 8 unit complex near Trine University.

Purchase price: $9,850,000 Cash invested: $100,000 96 unit apartment complex located next to Baylor University in Waco, TX.

I guess it could be the same as someone paying any university 10s, if not 100s, of thousands of dollars to get a degree just to decide they like being a bartender more than some desk job that requires a degree.  

I positioned mine near Case Western Reserve University and the hospital system, and that has been a major advantage.

Near hospitals, University, Starbucks lol or big companies to ensure a certain caliber of renters.Feel free to connect and happy to further discuss offline.Jackie