Campus housing has been under tremendous headwinds for the last 4 years.These properties were sold with extremely aggressively optimistic projections, as well as a price that represented a significant premium to fair market value.So sorry to hear about your investment.

Don't be discouraged by the lower returns—house hacking is often about long-term wealth-building, and your primary residence can offset some of those mediocre numbers.Make sure you're accounting for local trends and realistic rents—sometimes expected rent growth is overly optimistic, or costs like repairs might be underestimated.

I think a large part of building wealth is being optimistic and paranoid/scared to death at the same time.

Enter me.Being terribly deranged in a nice way, and eternally optimistic, I make an offer.

Some buyers enter these agreements without fully understanding the financial commitment, often influenced by overly optimistic advice.

By late October, after 60 days of vacancy and two rent reductions), the same Dundee RTR listing remained advertised on RTR’s inventory site at their initial rent projection.I have been working with RTR’s client success manager through these issues, and I am cautiously optimistic RTR will act in good faith to help offset the losses here once it’s finally rented.

I think you are too optimistic as well - the more I look at this the worse it gets.

We still want the place and are cautiously optimistic, but I started looking at what else is out there just in case. 

Their pro formas felt optimistic with providing 6% annual appreciation and property management that is only about 6% of rent so I take it with a grain of salt (they offer their own property management services but it has terrible reviews on Yelp so I would probably go with someone else). 

Seems very optimistic to me..Appreciate the info guys