As hard money lenders your loan from us is guaranteed by a first position lien on the property in question.

Also you can offer free occupancy or include an appraisal guarantee to sweeten your offer.

However, college student rentals are great because the parents guarantee them, and you can set up payment made directly from the parents rather than the students themselves.

BUT one deal is pretty much guaranteed into a second deal I can assure you which compounds into what @Ray Fisher spoke about earlier.Find a way to add value, knock down that debt and NETWORK! 

You have to keep in mind that is is more risky and there is no guarantee that you will be able to pull all of your money out.

Assume that they had proper short term rental insurance, you can guarantee the insurance company will do that automatically.

The loan will need to be non-recourse, meaning no personal guarantee from you.  

If so, will you, as sponsor have to personally guarantee the loan?

The ones who really want it and are best for the house will have it in my inbox guaranteed within 2 hours.  

If you had a rate of say 6.5% that will be a guaranteed return of that same amount by paying them down.