Investing in student housing

[Julia Jones]

Hello, BP! Seeking your collective wisdom: I’m increasingly interested in investing in student housing, and I realize it has its unique challenges and opportunities. Those of you who are familiar with this kind of investing, can you talk to:

* the challenges of managing such properties. Are there property management companies that specialize in student housing?

* are standard vacancy rates 3 months? 

* any unique liability issues? Special insurance requirements? 

* any insights into appreciation of properties located in college towns?

* anything else Thats unique that need to take into consideration?

Thanks much for your thoughts!