I think the best example you can read about is Fort Collins, Colorado.If you decide you want to rent to college kids, you just need to find a way to mitigate your risk.

Collins will ever be built?  

@Neal Collins  Thanks for the comments.  

Our market here in Collin County is very hot. 

I currently pay 2.54% of appraised value on my home in Collin County.  

For what I can buy for a decent home in Collin County, I could buy 2 or maybe 3 in Waco--but would need to do DTI to see if it is worth it.Do you dabble in areas described?

I tried to look at the Collin county listings but did not find much info that a beginner like me can make use of.

thanks to all my fellow bp'ers that responded you have given me more insite than you know, @Jay Hinrichs @John Skaggs @David T. how good is the stuff youll got down their in atlanta...hahaha in ny the mix might kill ya @Jeff S i will ask the lender and see where it goes thanks @Ryan Harthan @Andy Collins im hearing the area is already saturated with HML's

Collins area.

Aryelle Collins good luck and it's great to see you take action!