There was always another bank willing to buy them for a premium.

In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!

For the mortgage, I just google "mortgage calculator" and use their template:For a insurance on a SFR rental, I generally estimate 0.2% annual premiums (0.002 times the purchase price), but since I suspect the Oak Park area has had a high number of claims (based on the various burnt out properties from squatters) I bumped it up to 0.3%:  $250,000 x 0.003 = $750For taxes I usually use Zillow:So in most areas, I'd just take 464 and divide by $29116 to get a tax rate of 1.6%   However, some counties have more detailed info online and, fortunately, Sacramento is one of them.  

No way I would accept a 6 month lease either, without a huge premium in rent.  

Stay focused on neighborhoods and better home features and you I'm sure you can put something together.The one glitch is your need for financing.

Dave, I think the house you mentioned was just featured on the Today Show.

Ive seen these on YouTube featuring houses - mine isn't spectacular but seems like it could help. 

Talk to your local REALTOR or do research on your own to see what comps have in your area and renovate the property to have the features that are trending in your area.

Are there certain key features to keep my eye out for besides making the numbers work?

Here are a few things to keep in mind:Pros:Consistent demand: College students need housing and tend to rent year-round, which can provide landlords with a steady stream of income.High rental yields: College students are often willing to pay a premium for housing close to campus or with desirable amenities, which can lead to higher rental yields for landlords.Multiple tenants: Renting to college students can mean renting to multiple tenants at once, which can increase the potential for cash flow.Cons:High turnover: College students tend to move frequently, which can result in high turnover rates and additional costs associated with finding new tenants.Potential for property damage: College students may not have the same level of responsibility or experience as older renters, which can result in more wear and tear on the property or potential for property damage.Noise and disturbances: College students may be more likely to host parties or cause disturbances, which can lead to complaints from neighbors and potential legal issues.Ultimately, whether or not renting to college students is a good investment opportunity depends on a variety of factors, including the location of the property, the local rental market, and the landlord's level of experience and ability to manage potential issues that may arise.