With these interest rates, if you can find a house hack situation that you are paying the same, slightly less, or I'd argue even slightly more, then I think it can be worth it for these reasons.1) You will get to live in your preferred location.

@Eryn GarciaInvesting in student rentals can be a lucrative strategy, but it comes with its own set of pros and cons.Pros:High Demand: College towns typically have a consistent demand for rental properties, ensuring steady occupancy rates.

As interest rates drop, house prices will go higher.

I haven't noticed a drop in rates. 

The benefits on the lending side are huge--lower rates and much lower down payment requirements.

I used an interest rate of 6.7 for the calculations. 

He recommends advertising your property yourself, using Craigslist and Facebook Marketplace.

You should look for a property that has a minimum of 85% occupancy and has a cap rate of 7% or above.

My personal opinion is: once the renovation is done, property is rented and generally stabilized, I take out a fixed rate mortgage.  

I believe it was just a flat rate per property per month, and quite inexpensive.