I think you have a small celebrity Status in San Marcos you can play off and San Marcos is a cool place to live.  

@Casey Brady-Gold  No..  

You don't want to be in the middle of a dispute where damages or loss occurred to tenant property and you have to be a twice removed middle man (dealing with Airbnb to settle the dispute and the tenant as well as the guest=no fun).It may be worth your while next time a unit turns over to try renting it as a STR (short term rental) for a bit and see how you like it.Best of luck!

Michael Batts the guest on the most recent BP podcast (#155) said he learned real estate investing in BP...no mentor.

This place is right across from the stadium and should be gold, but it's at 555,000 and would house 8 but not separate bathrooms, etc.  

But I can certainly understand how up there in Portlandia I bet listings are pure gold right now.This was a good topic, Jay.  

Large complexes typically have a large common area, but not private outside areas for individual units.(6) If they get along with their 1, 2, or 3 neighbors, they can informally resolve guest parking issues, laundry hour issues etc...with large complexes, you don't know, the guy in front of you may have just washed a load of soiled cloth diapers.(7) Rent is lower, typically. 

So you can not really even consider their age or student status.

I went to Gold Coast schools they prep you as well

Good luck to you. most don't have access to that kind of money and so when you do it's a gold mine.