Student housing advice anyone? in Michigan

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Anyone good at analyzing a deal or no deal situation? I am in process of working out a deal to put under contract with the owner of a couple houses with Kettering Students occupying, but my analysis skills are not fully mature to recognize whether or not this deal is actually a deal that buyers would find appealing. Any advice on what to look for would be greatly appreciated. If it is a deal I am willing to get under contract and JV with a seasoned vet in this area.

Thanks in advance BP!!

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@Andy Tomaswick

Yes indeed, I'm aware of the scheduling for kettering students and I refer those interested to the online scheduling. Graduate students usually stay year round with a few weeks off for holidays and seasonal breaks, undergraduates are there in time period groups. Their lease has a clause stating that "deposits stay with property in event they decide to leave and also that roomates rents go up". With that being said the owner explains that most students quickly find other roomates during those times to help keep all rents lower. That seems to be the going trend in the other properties in the area. Also since their is waiting list for some properties and the other owners have a good rapport with each other they usually refer students to each other in event they need to fill a vacancy. Thanks for the heads up!

@George P.

I'm having a hard time with the other spreadsheet. I have all of the info on a spreadsheet from the owner I have a meeting with another investor who will help explain it to me tomorrow to make sure it will be a good percentage ROI Thanks for your input and direction