I am very new to real estate investing and am looking to purchase my first property in a few months. I have three children currently attending or will be attending BYU and I like the idea of investing directly into this niche.

I am looking for any advice, particularly the cons and/or gotchas with the nuances in BYU approved housing.

With one child being married, i am very interested in using an FHA loan on a multi-family unit that is targeting the married segment with my son being "owner occupied". I am curious how far out can the property be from campus and still attract that market?

Any advice would be appreciated.