Long-term rent by the room is good in a college area, but will have more wear and tear and maintenance requests if all college students.

Because I do not want to operate this as a short-term rental, I'm not sure how many college students would be interested. 

If you're near Sac State students might pay more if the property is in Carmichael a family might pay more.

Some call this the infinite return model.Pending the amount of capital you have to invest, I can also help you buy your first building individually.I started with a 12 unit and am now GP in over 1000 units worth $130M.After 46 years in the industry, I am opening up a few spots on my mentoring program wherein students will have direct access to me and all I can provide. 

All applications are from students!

Not enough margin, not their criteria or no bandwith: the deal goes to their VIP list, mastermind students, and regular clients.4.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

Both he and the equity firm he leads (which apparently funds some but not all student deals) are well-respected here at Bigger Pockets.Regarding the recurring theme of experience -- I understand everything that was said by @Brian Burke , @Jay Hinrichs , and others, and it's nothing I haven't thought of before.

Sharing walls with a noisy family with children or college students for example is not going to invite conflict and may cost you in poor reviews or guests wanting to leave early.

I know med students are always looking for apartments.Best options in lewisburg are probably student housing, scrape-and-build, new multifamily, or flips.Tim