He works at a rental management company that handles lots of college rentals.He would be able to point you in the right direction.He would also be able to lease and manage that property for you if you wanted to go that route.

As long as they are balanced (depending on your ideal mix), we will keep them forever, or 1031 to another bunch to use the tax write off as long as we can - then pass them to kids with step up basis when we kick the can.We use PM so it's paperwork, regular check in with PM, and once in a while city visit.

I think I probably will take that route.

They can happen but with the appreciation we have seen unless the situation is a total train wreck most people are able to get out without going the short sale route.

Just curious because debating on going the non-qm or portfolio route...

Don't go the double close route; your profit margin's way too small. 

I joined PB less than 6 months ago, I was a regular member, I updated to Pro member last night after Brandon webcast .  

Will chime in, if I decide to go that route.

Can anyone briefly share their opinions on owning rentals in college towns, or are you better off in a regular town.

If you can get low cost bank financing, I would go that route.