Renting to faculty, out of state students, students from abroad and more of year round (such as residency) students will not carry the same short term renter displacement, but may require a higher level of finish in some cases as this becomes a year round home.Perks here are- -Year round rent under the same renter/ as your lease terms apply-Some renters having supplemented housing stipends paid in the form of allowances, stipends, and other arrangements -Lesser degree of potential property damage for those in graduate/residency programs (simply based on age and maturity - again, use the automobile industry here in why most car rental places won’t rent below age 26)-Less need for obtaining co-signers (allowing tenant to solely establish some credit history as well)When your tenants do move on and out, as a ‘thank you’ for being such great renters for the span of their academic career, it can be nice to offer a letter of reference as well for future renting needs.

Is there an impact if the arrangement is a partnership vs an LLC?  

Do I arrange tow trucks for that date (along with locksmith for house)?

Granted I don’t know the terms yet but I suspect it won’t be the traditional syndication arrangement where I would earn my fees and promoted interest on the cash flow.Thanks for your help BP.

You then sell them as quickly as possible, whether that be through CFD type arrangement, or the buyer brings financing (not as common).

Originally posted by @JaVon Flowers:@Lee Judd I just finished reading “Atomic Habits” by James Clear, and he talks about that strategy.

I'm sure he's made arrangements with the listing agents to get permission. 

The arrangement we had with the current tenant was a 2 year lease, the tenant provided a resident assistant to take care of minor issues around the property (at their expense), and the tenant essentially was the property manager.

@Bonni Flowers I am in a similar boat and would love to find out what you learn.

@JaVon Flowers In order to decide whether to rent or sell, what could you get rent on the property?