If you're a good student and can get into a good college without going very deep into debt, I believe you should go.

As it relates to lease end dates I've seen two things work here. 1) You can stagger end dates as mentioned above or 2) you can optimize for summer - this works better for us in areas where you see students or families with school age children moving to align with the summmer months.Separately, this is a great argument against month-to-month leases.  

As of today I own 13 doors; 3 of them UD student rentals and the rest in Wilmington.

5+ Exciting DevelopmentsLong Term Rental buzzMid Term Rental madnessUNC- home to 30K+ students!

Finesse that problem by getting graduate students.

The rental market is strong due to students and digital nomads.Managing a couple of tenants would not be too hard but managing a dozen, on the other hand, would be a nightmare.I am a bit torn.

The property is located near two colleges, so I’m focusing on student tenants and planning for 12-month lease terms.Do you have any tips or advice for renting by the room?

You also don't need to do a traditional long term strategy, is there a draw the  area that playing host to a traveling nurse or other professional/student would be interested? 

My sacrifice… no haircuts and no fast food. 1 job full time, 1 full time side hustle. 0 debt at the time other than student loans.

Fixing up a property and turning it into student housing is a smart move—steady demand and solid rental income.Great job!