I've definitely seen parents purchase properties close to campus to house their kids while they're at school, it's a solid move.

I agree different city if your talking school district quality that is a huge issue to me.

Go old school on this.

Plus, just the Holding cost for one month at say 7% of $50mm is $3.5mm just for one month.If you're in your 4th year of school or the trades, do you have both of them covered? 

Dropped out of 10th grade to make money for his family and so the younger ones could make the "payments" to go to high school.

Taxes are just as expensive as Elmira but the schools and the town are much better.

Customer service is everything for an old school guy like me.

You will be dealing with high school kids who are your employees...I know, there will be a manager, but a manager can only go so far...Plus corporate can come and make you change this or that, you will be obligated to comply.Seems like a headache to me even more than with rentalsSo Ive decided when I retire, I want to enjoy my life, not to deal with a headache from a restaurant

My home in a nice suburb (Hamilton County) with great schools doubled in value from 2013 to 2021..

These are the different properties that are included in the 1031 exchange requirement: commercial buildings such as offices, schools and different establishments that are important for the population, as well as single family rentals, multi family rentals, industrial facilities, and even raw lands are included in the like-kind.