Rental Properties Near Universities
I am just getting into REI and have my eye on a few foreclosures which I would turn into rental properties. The properties are near local universities. I feel that it may be easier to find tenants for these homes but the tenants are less likely to be long term and may be harder on the property. They may also be less likely to pay rent on time. Does anyone have any insight to the differences or risks of college town rentals vs. properties not around colleges? Thanks in advance for any words of wisdom regarding this issue.