My name is Clint Woods and I am from Louisiana where I currently attend Louisiana Tech University as a finance major.

I went to college for real estate, acquiring a degree in finance with RE emphasis from Wichita State University (go Shox!).

I moved here in the summer to begin a PhD program at UT and found there was a lot of availability near the university for short term summer rentals.  

I purchased a 4/2 SFH about 1/4 mile from the university my son is attending.

If they are under performing or just doing average the chances of moving are high.Also look for sublease language in the primary term lease.

I don't have a good sense of how good or bad that return is in this market where so much revolves around appreciation -- I'm very curious to find out what other investors around here think.Of course if real estate keeps appreciating the way it has recently, everything is great; BUT even though I'm bullish on the Bay Area longs term (weather, universities, jobs, natural barriers to sprawl, etc.)

If you have 5 homes in an area but one tenant works for Entergy, one is a surveyor, one is an nurse, one works for a local university and etc, that is where you are truly diversifying your risk (tenant ability to pay in a downed economy).  

It seems popular opinion that Sherwood Forest and the University District by U of D seem to be good spots, but I've noticed from driving through and inquiring that the majority of properties in those areas seem to be a little too high from what I think is a solid investment if you were to add rehab costs.Any insight on good fringe areas for rehab or where to invest?

Perhaps our daughter, Kendra, a business major at Bentley University might catch the "investment bug" down the road!

http://www.thedenverchannel.com/money/consumer/zil...http://www.denverpost.com/business/ci_29220471/den..."...But after the area's big run-up in home prices, renters would do better to invest their down payment savings elsewhere and wait to buy, according to an index from Florida Atlantic University."