@Steven Wilson I have heard about 2 schools of thought regarding college rentals. 

Fannie Mae states the following:Fannie Mae’s April 3 clarification of the “Second-Home Rider” shows that homeowners are allowed to rent out a second home after one year of ownership and that short-term renting during the first year is also permitted under specific conditions The following eligibility requirements apply to second home Mortgages:·The Mortgage must be secured by a 1-unit property·The Borrower must occupy the second home for some portion of the year·The Borrower must keep the property available primarily (i.e., more than half of the calendar year) for the Borrower's personal use and enjoyment·The Borrower may rent the property on a short-term basis provided that the property is not subject to any rental pools or agreements that require the Borrower to rent the property, give a management company or entity control over the occupancy of the property, or involve revenue sharing between any owners and the developer or another party·The Mortgaged Premises must be in such a location to function reasonably as a second home·The second home must be suitable for year-round occupancy with the following exception: a second home with seasonal limitations on year-round occupancy (e.g., lack of winter accessibility) is eligible provided the appraiser includes at least one comparable sale with similar seasonal limitations to demonstrate the marketability of the subject property.

Also, I went to Manhattan College :) 

We'll see though.......maybe in the end they go to Bryan-College Station on the High Speed Rail Stop.

Permits took about 2 years because I purchased the house with 5 violations and completely remodeled the original 3bd/2bath home first.

That is Bryan-College Station/Houston/Dallas.   

I recently went under contract for some townhomes in a Texas college town.

My college roommate, Cole, actually introduced me to REI.

@Zachary RayWhere I’m from there are no meetings for local real estate investors so when I’m in college I might start looking around for some near by!

If it is on the site does that mean it was permitted to build?