University Area: It's a hotspot for students and faculty due to its proximity to educational institutions, ensuring a steady rental market.

If you find a multifamily in the right location, i.e. near a college/university, you could still rent by the room.  

I went to college at University at Buffalo from 2013 to 2017 so I am fairly familiar with the area and would love to start my real estate journey there. 

Looking for mentors to help with house hacking in University city 

I collected MTR comps and ran the numbers, and found that I might get an extra 15%-20% from a MTR, but I'm not sure if the vacancy rate I plugged in was reasonable (I'm in a mid-size city and my properties are close to Universities, hospitals, and other things that attract MTR tenants, so hopefully I'd have low vacancy...but I like to play it safe with my numbers, so I try to allow for a good bit of vacancy)... ...plus, all the comps I collected were just listings this month, and I don't know how much they're affected by seasonality, so my rent data might not be super accurate... ...maybe I'll give it a test run with one unit that's opening up in May, and see how it goes...

Located near the University of Notre Dame, while I lived there for two years, I would short-term rent it for games and events and then stay at a family member's house.

I think the partnered schools are somewhat limited, but take a look and maybe the university you're looking at is up there!

@Klejdi Banka College Station has a lot to offer with a solid economy backed by Texas A&M, the largest university in the US (https://en.wikipedia.org/wiki/List_of_United_States_public_u...)But similar to @Shawn McCormick comment about Orlando, we dont see 1% deals very often.

I've seen along I-20 (between Atlanta and Birmingham), or along I-65 (between Birmingham and Huntsville), areas like Oxford, Lincoln, Pell City, Cullman etc,  there are some new builds 3bd/2ba for around 200k - 220k range, rent for about 1.5k, for a buy-hold strategy, I feel comfortable as long as it has a positive cashflow (with 25% down). 

I am currently a senior at James Madison University and planning to graduate in May 2024.