What would you do?...
Hello All,
I have found a number of homes anywhere from about 1.5 miles to 4 miles away from Baylor University, in Waco. Looking at the schools trends, every freshmen class in the last 3 years has set the record for being the largest freshmen class. After the required first year of living in dorms most students are eager to live off campus. Does anyone know how far students will typically live away from campus? Also, some neighborhoods in Waco go from nice, well maintained areas to rundown looking areas very quickly, how much would this affect the ability to rent the home out if the home itself is kept up and in good shape?
I just don't want my first buy and hold property to be a bad decision.
Any answers, advice/guidance are appreciated!