International investing in Dublin Ireland

I have a family member who will be attending Trinity University in Dublin next year. I have been looking for properties to purchase, so that she can live there for the school year with one or two room mates. During the summer, we would go with STR's. Having reviewed the laws and underwriting the deal, it looks like it would work well. Looking for any flaws or pifalls that I may be mising. Thanks for any input or insights!