Because the Property Class dictates the Class of the tenant pool that the property will attract.The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Class and Tenant Class will affect what type of contractors, handymen and property management companies you should target and be willing to deal with a property.The Property Class will also impact the maintenance & renovations you do to, “Maintain to the Neighborhood”.Why is that important?

I’m looking to build a solid relationship with someone who understands the BRRRR-style model and is comfortable working with this type of tenant setup (sober living, structured housing).Appreciate any insights or recommendations, especially from those who’ve built strong lender relationships over multiple deals.

What type of properties most interests you, SFR, 2-4 MF, or 5+ MF? 

Is there a specific type of house I should be looking for and is PA a good place to get into the rental business?

When taking out this type of loan my and my wife's 401k loan fees are a bit different. 

Obviously, you'll need to be allowed to do this for the HOA.On the financing side, you'll want to reach out to as many lenders as possible to see what type of loan you can get.

This might also influence some investors to diversify tenant types or consider mixed portfolios.

@Denise Supplee and @Arman Ahmed gave good advice on leasing w cosigners, and making the leases individually/severally.Keep in mind:  there are two separate and distinct types of student housing tenants: undergrad and post graduate.What I've found over the years: If you want to deal with adolescent, underage, first-away-from-home students, be prepared for more hand-holding and maintenance issues. 

I’ve only spoken to a couple folks who have this, and was looking for more knowledge from those who may be utilizing this type of trust via contract law it is not statutory.

Quote from @Alonzo Trujillo: Quote from @Drew Sygit: Welcome, what type of investing are you looking to do?