Navarre, Mary Esther, Crestview and Niceville are very stable markets due to the military bases and retirees in the area.

My best advice is wait out the current free fall and find a reasonable entry point with stable financing.

I have seen plenty of scores in the 600- 650 range where the person was actually pretty solid with consistent payments, low balances, some savings, and stable employment with household income (including subsidy amounts) that meets my typical 2.5 times the rent.

Its not necessarily going to be "stable."

All of our properties are stable, not over leveraged, and well seasoned.

When underwriting the deal, be sure to make conservative CapEx and maintenance assumptions to ensure you are keeping the property in the right condition to deliver stable, long-term returns.9.)

There are a LOT of learnings, and it is difficult to find a property manager who wants to deal with the situation, but once you get past the first 6 months and get stable tenants, it does get easier.Key is to make sure leases are very specific with house rules and that you screen out anyone who could cause a problem early. 

We see stable appreciation, decent cash flow year on year, and our rents are increasing as fast as ever! 

I still think student housing is a worthwhile investment, a lot of these young adults do come from well-off families and should help you get a great stable return. 

Would it be a relatively more stable cash flow business to be in?