City knew that and didn't require Sec 8, but they could have if they had doubts of landlord compliance.Studios are great for college students!!!!

Sold my client one in complex first and rented their 1BR  for $1,295.00 to a grad student from local college.

Kids go to college, people get sick, income fluctuates, you get laid off etc etc.

If you want to make it in real estate, become financially independent, escape the crappy rat race, you know that will give way to automation, outsourcing, you know the static existence universities, colleges, and politicians have conditioned us to believe will continue to exist forever?

Its about 55,000 people and mostly military and college (K-State).

Working through high school and college seems less frequent and part of this is the minimum wage increasing.

There is a large student population for SCAD (Savannah College of Art and Design). 

Allllmost 2%.3322 College St, Jacksonville, FL 32205Purchase + Closing Costs - $30.5kRehab - $21kRent - $960The above example was our best investment as far as rental yield.

My tenants are usually grad/post grad students or young professionals just out of college (its a college town), so it makes it easier on them since they don't have joint finances.

@Patrick Gleason  great points - my brother went to Providence College so I'm somewhat familiar with the area (at least around the school) and there are a lot of young professionals there (aka renters I can relate to with hopefully reliable income) now that the mob has improved the city so much ;) we haven't looked into the area specifically though so I definitely will - hopefully the numbers look a little better.