Yes, that seems to be the general consensus for renting to grad students.Pros for renting to undergrad students: increase your tenant base | minimize vacancy rate Cons for renting to undergrad students: Potential more work/headache | Higher expenses | higher wear and tearPotential mitigation to overcome the cons: "Harden" the units before renting them out (which i think in general would be a good idea depending on who your tenant base is) | Plan for added expenses | Solid lease terms | Possibly have parents co-sign | Have 1-1 discussion with the student/s before renting them out so they have a good understanding on the expectation's/"rules": I think in majority of the cases it will be the first time for the undergrad students to be living on their own so educating them on the guidelines should help

THE GOOD NEWS: you don't have to use your own money, talk to everyone about your success, post deals you find, talk to EVERYONE and build a buyers list out of ANYONE that says they're interested =]Feel free to text me - love talking about STR's and have a similar problem to you own that I am just now overcoming for my second property.. it was not easy convincing people during the pandemic lol.- Alex

I believe having the buyers' overcome any preconceived doubts about the structural integrity of the home will be your biggest road bump - not the bank's financing. 

Turned on the gas and verified the furnace and stove are working.Continuing to collect bids for the rehab workWhat I have learned thus far:The hardest part of this process was getting started and overcoming fear.

Any idea how to overcome that?

@Austin Mudd Deric Lipski, Colton Lindsay and Kevin Ward are really good, I just watched several live calls and you can see how to overcome objections.

That's because it doesn't take many years of strong rent growth to overcome the initial deficit, and then in each future year you continue to outperform.This strategy often appeals to investors with very long investment horizons.

We were in a position to have very solid incomes, yes, but the fact that we had a good financial foundation combined with a very high savings rate helped us overcome our first investment "miss".

You sound like you're over coming yours by leaps and bounds, congrats.Best of luck to ya,

Even with current rates (6.5-7.5%) we are still acquiring profitable properties and would like to continue to do so but this is the next foreseen roadblock and I would like advice on how to overcome it.