@David Dachtera good points - thanks for chiming in.One point I found interesting was one made at the end of the article, regarding the real estate purchasing habits of millennials.  

Its always a struggle on whether to raise rents.Denver is filled with Milennials, not sure how Bellefonte is, but so my target is responsible millennials with a stable ad good enough paying job(X3 rents).I like 2bed/1 bath as lots of millennials like the idea of splitting housing to cut costs, so I find that many like the 2bed/1 baths, which I too like.Basement with potential to turn into a finished basement:Chi, ching!

I'm not looking to get rich, but like most millennials I'm searching for that financial independence. 

It also is home to a local university so the millennial population has begun to flock towards it.

My concerns with the market are demographic - low growth, aging population, and economic - there's not much job growth to attract or keep working age residents, especially Millennials and Gen Z. 

Student loan debt is keeping millennials out of the market as well. 

The millennial these days really don't have any savings.

So, why can't you hold this property and rent it to a Millennial?

Is it a hip area that attracts millennials?

(I have two Millennial partners with more time than I do.)