This is why it's important to properly vet a location and neighborhood to make sure a STR will be permitted and welcome. 

I’m originally from Georgia myself, went to college in Savannah and have a few colleagues who are wholesaling in the Atlanta area as well.

No but someone could make it a duplex Easily, We didn't bother with it because at that time I was having a lot of troubles with the city over Permits or the lack of on other projects. 

@Randy Dubiskas we’re not too far from Bowling Green or Toledo so those are the two good college towns within an hour from us.

We are looking to start with a student rental in our college town because we have a lot of connections to fill the property consistently and gain experience in the process before scaling our portfolio. 

The area is good; 4 miles from a large mall, 3 miles from the local growing community college, and about 8 miles from downtown with is undergoing revitalization and is definitely growing.Just looking at the report, my numbers do not work right now at that purchase price, but getting the rents up even into the 700~750 range would make this work.What do you all think? 

The permits and construction took around a year.

This housing area includes many professionals - several college sports coaches as well as other fields.

Do any Landlords have experience leasing to college students?

I'm currently invested in Wilmington, DE, through house hacking a 3 bedroom townhome with my college mate.