Do you think college rental properties are worth investing in?

That is how bad my view of 2022 and the next years looked to me starting late 2021.  

Like let’s say I get a house for $30,000 and it appraises for $165,000 would my new mortgage amount be based on the property that is now worth $165,000?

I generally don't because I don't have time, but it is probably worth looking into if you have one rental.  

The BRRRR method is a great way to quickly build up a rental portfolio and considering you are in one of the fastest appreciating markets in the US, you will be able to profit off of appreciation as well as rental income.I am a real estate agent for off-market distressed properties here in Fort Worth, Arlington and surrounding areas.

The rate and terms on the 2nd lien position if you can find one may also not make it worth the cash out.

Just direct message me and I'll share my thoughts for what their worth!

Having said that, there might be a good reason why you take a much lower cash-on-cash return to purchase a property where you feel the stability of the area or future appreciation make it worth the sacrifice of CoC returns.

Depending on the quality of the lead, how much work you’ve done with them, the exact source, the property in question, etc, they may range from worthless to worth a small referral fee.  

@Kolin Goffthe short answer is yes but I don't think an increase of 30% is enough to make it worth it - because (A) DSCR loans typically have fairly high closing costs, which will just get deducted from your proceeds, and (b) your rate will probably go up.