To me, that can be done in many asset classes, but I think most people associate it (nowadays) with single family residential investing.

Unless this is strictly a student housing for IU play you would want to be extremely hands on to make this work in my opinion.

Illegals require housing.

Investment Info:Single-family residence buy & hold investment.

Conversely, anyone can buy a random house in the midwest, underestimate capex, and... lose money. 

Quote from @Michael Johnson: Investment Info:Small multi-family (2-4 units) buy & hold investment.

Buying a mobile home to place on your land can be a great way to generate rental income, but like any investment, it comes with pros, cons, and key considerations.On the pro side, mobile homes are typically more affordable than traditional single-family homes, meaning lower upfront costs.

When it comes time to kick her parents out of their house can they afford to go somewhere else?

I fear the lawyers will become wealthy over this litigation...Overall, it's an interesting "solution" to the problem of foreign investment in real estate and the lack of adequate housing for the population. 

Whole house burned to the ground, likely due to guests smoking on the deck.