Purchase price: $560,000 Cash invested: $33,000 7 bedroom property rented out to students.

I'm married, my primary and rental property is in my name along with my student debt and a few credit cards.

. * wife a teacher makes 45k/year * I am a manager at Starbucks 70k/year I want to get started in SoCal.

May not work for everyone else, but sometimes having that niche, e.g. students at a public university, is another way to protect yourself. 

However, it is a market where there are a lot of students/working professionals/military/medical professionals coming in and out for short-term stints so...We're considering doing a semi-luxury house hack with a 4 or 5 bedroom SFH.

It's a student rental area which I know will make the rates a little higher.

We already own a high performing student rental in Windsor, ON which is cash-flowing $1,300/month pre-capex/vacancy reserves.

Education establishments such as the middle school and high school have merged even, possibly from a shrinking student base due to changing population type.This was a argument from this homeowner that if rental control was in place, these residents would be able to stay local and their livelihoods or way of living would be protected.

Hi Canadian BPersOur mortgage broker somehow forgot the property we're attempting to refinance is a student rental and now can't promise the 80% cash out refi, or any refi, that we have been banking on and which we intended to use to fund the acquisition of another property that is already under contract and closes in two weeks. 

Definitely shifting to vrbo and student rentals to diversify.