This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.

Since I'll be living in one of the units, my personal preference is to find something on the newer side, which would likely mean higher rent/unit but I'm worried the higher price point would limit the tenant pool. 

Personally no, but it's just something I don't like to deal with. 

I would stay personally liable for the mortgage. 

If so, that is the easiest-just say you had a number of applicants and you've rented it to another person. 

Should still have about $175k in capital on hand after adding what we will personally save from our budget during this time frame also. 

I do not have any LLC, was thinking to close in my personal name.

But would love to chat and connect and build a team of amazing people who are dedicated to growing not only professionally but personally as well. 

Originally posted by @Lucas Carl:@Julie McCoy I’m glad this person is getting smoked.

This lack of oversight allowed Schwartz to misappropriate nearly all the investor money, using it for personal expenses and risky stock trades​I am not familiar with Yield Street, but many of these platforms are questionable and you need to look into the operator.