Owning a college rental

[Sam Watson]

Hello BP Community! I’m a college student and houses in my school market are very affordable. The rent that is usually generated easily doubles the mortgage so the cash flow would be fantastic. However since it would be a student house, it’s safe to assume that there would be more than usual wear and tear. I really like the house hacking ability I would have with owning one of these properties, but I think it would be pointless to sell in just a few years so I would continue to own it after college. One of my concerns is depreciation due to it being a college house. I was wondering if anyone had any experience with this type of investment and if it worked out or not. Thanks!! Sam