Very solid market, been investing there over 10 yrs and the rents continue to climb! 

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

Make sure the tenants are paying market rent or above, otherwise your loan will be DSCR constrained.

We paid off our primary home last year and have been slowly getting the courage to jump into the investing market where we live in the Pacific Northwest.

Solid area, home just went on the market.

Are you looking for guide and advise of an expert on the market or a pass through agen?

If you're still interested, take a trip to the site once ground has been broken.The flashy marketing material for a new development is great, but don't put your money at risk for something that's likely to vaporize.

"Flipping" or "Rehabbing" this property would really consist of raising the rents to current market levels (about 40% increase). 

Are you looking into certain investment strategies to begin or certain markets? 

Campus housing has been under tremendous headwinds for the last 4 years.These properties were sold with extremely aggressively optimistic projections, as well as a price that represented a significant premium to fair market value.So sorry to hear about your investment.