My instinct tells me that housing geared towards students must be posted somewhere specific, and you'll have to search for it. 

This business model requires a specific market close to airports that provide an airline crew member domiciles.

My house is wired with only one meter so I cannot get a more specific consumption amount for each tenant (even though there is an efficiency unit).

Guides on how to deal with some of the nuanced regulatory/filing requirements specific to Detroit are provided. 

If you have specific questions, by all means, let me know.

You have all of the different things you could do included in it and you can modify it to meet your specific needs.

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.

So, you should reach out to some local land banks in your area (google search that term specifically) and see if any of them offer cash out loans on land. 

If you have any specific questions I may be able to help you out as well.