Renting to faculty, out of state students, students from abroad and more of year round (such as residency) students will not carry the same short term renter displacement, but may require a higher level of finish in some cases as this becomes a year round home.Perks here are- -Year round rent under the same renter/ as your lease terms apply-Some renters having supplemented housing stipends paid in the form of allowances, stipends, and other arrangements -Lesser degree of potential property damage for those in graduate/residency programs (simply based on age and maturity - again, use the automobile industry here in why most car rental places won’t rent below age 26)-Less need for obtaining co-signers (allowing tenant to solely establish some credit history as well)When your tenets do move on and out, as a ‘thank you’ for being such great renters for the span of their academic career, it can be nice to offer a letter of reference as well for future renting needs.

Niches exist with academics, retirees, golf fanatics and much more.Also works great with the 14 day personal use rental property limit--you aren't using your place after all--but thats minor. 

Other than woke fools and pontificating blowhard "academics" promoting this, the rest of the world understands it's pure garbage. 

Although we have mostly rented ours to travel medical professionals (x-ray techs, nurses, physical therapists and PAs) we've had inquiries from digital nomads, seasonal forest service workers, relocations, people traveling to the area for medical treatment and academic studies and even a recent divorcee who just needed a safe place to stay on short notice while she figured out her next move.

I have the education of hindsight and academic study.

Alex, Been there , Done that, three years into my Business degree, working two jobs and trying to go to school ,  Academic probation made that decision for me.

Everything is academic until you get pre-approved with a lender.........otherwise this is just speculation.  

Here is a great academic explanation of how the subprime woes can impact the entire market. http://www.libertypost.org/cgi-bin/readart.cgi?

Thanks The answer is: Yes.If a student elects month-to-month, they pay full rentIf they sign a term lease for the Fall and Winter academic terms (8-months), they get a slight rent reduction (~5%)If they sign an annual lease, the get a slightly larger reduction in rent (~10.5%)

I find the comparables to be the most entertaining; they include properties that are not nearby and clearly not similar as bench marks data points or they include deals from more then 2 years back and you know the market is not the same as it was.As an academic exercise it may be interesting to compare and contrast the information they contain, how accurate the information is and how realistic the projections are from the different companies.As well, if you troll around the internet a bit, you will come across many investment / development partnership opportunities where they provide fairly detailed information regarding financing, expenses, income, expected net income, profit sharing, etc. etc.