College Student Rentals

[David Tropea]

Can anyone share some knowledge on renting to college students? All roads lead to a big NO for me but maybe that's because I'm thinking of myself in college. I would have to assume insurances would be higher, along with factoring a higher vacancy and maintenance. Students will be ever flowing in, but could be huge headache as well.  

Any guidance would be greatly appreciated.....I currently have one investment prop, managing myself to a family of 5 and things are going well. 

[Will Gaston]

@David Tropea my portfolio is only at 1 school (University of South Carolina) but the likely answer is yes. Especially for larger state schools w/ big enrollments.

FWIW I wouldn't work with a PM unless they specialized in student rentals. It's a lot different than managing/leasing market rate housing.