@Enrique Huerta, @Matthew Bruce, @Desiny Smith I'm in the middle of a 80+ student housing wholesale deal.This is not my first deal like this, but it is my first student housing deal.

i’m referring to multiple bedrooms for student housing in the scenario.

The student gets a check and calls it quits.

And also, renting to students has changed my life.

Also, your wife simply would need to "materially participate".

However, they eventually became blinded by profits and began heavily marketing to high schools students.

If they think it will drop the overall costs of living at the property, they will participate.  

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For example, I had a client who converted a student property in a college town to a traditional rental, but the key was that the asset wasn’t performing well.

Given I am in a college town and a lot of students find themselves between leases over the summer, during breaks etc.