Apartment Investing in College Towns

[Nick Love]

What's going on everybody! 

I have been researching and reading to conclude the best emerging markets in Texas and am wondering if a city where the jobs are not as diverse because of the colleges, is a good investment market. I understand that it would be harder to get a loan if the tenant percentage is over a certain amount, but putting that aside would it be a caluclated risk to invest in said city?

I feel like a college town would have a bigger market for renters than owners.

Thoughts? 

[Greg Dickerson]

@Nick Love College towns can vary greatly. What works in one town may not be viable in the other. As a general rule if it's a thriving and growing school there will be demand for housing but it's a very different business model especially for undergrad vs grad students and year round. Most major university cities are great places to invest but it's a niche business.