It may some disgruntled students who joined, but realized real estate was not for them, and sued to get their money back. 

I can tell you first hand that the demand for student housing is at an all-time high. 

I make roughly 150k annually but have 200k total in student debt from graduate school.

Quote from @Jordan Brown: Hi my name is Jordan, Im currently a full time student in college.

Specifically, the sponsor, Nelson Brothers Professional Real Estate (NBPRE), and later Nelson Partners Student Housing, NB Private Capital (NBPC), Versity, Versity Invest, Versity Investments, and Crew Enterprises (constant rebranding/renaming to hide past issues) had yellow/red flags about them before I invested in 2017.

Feel free to reach out to chat all things student housing! 

.🚀 Making It Work1️⃣ Optimize Your Space – Converting a living room or office into an extra bedroom can supercharge returns.2️⃣ Target the Right Tenants – Young professionals, digital nomads, and students love co-living setups.3️⃣ Automate the Management – Using systems for roommate screening, lease agreements, and shared expenses makes it passive.Co-living is gaining serious traction in house hacking circles, and I’d love to hear from others who are using this model.

Consider the Local Tenant Pool & Seasonal Demand•Gainesville is a college town, so student tenants might be a big part of the rental market.

I am a current college student and gained interest in real estate as I am working on a project focused on finding ways to expand opportunities for real estate investors.

Maybe your first RE deal will be a student house hack?